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R2,350,000

Monthly Bond Repayment R25,061.10
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,465

Development Opportunity

A unique and lucrative development opportunity awaits in the heart of Retief Street, strategically positioned between Loop and Burger Streets. This 997m2 level land parcel is an ideal canvas for those seeking a prime location away from the bustling main business district, while remaining conveniently close to the lower CBD and residential areas.

Key Features:

Location: Situated on Retief Street between Loop and Burger Streets.
Land Size: A generous 997m2 of level land, offering a versatile canvas for development.
Accessibility: Away from the traffic and hustle and bustle of the main business district, providing an accessible location.
Potential Uses: Perfect for a range of possibilities such as doctors' rooms, offices, a pharmacy, or even a new development project.
Current Property Configuration:

Main House: A spacious 4-bedroom residence with 1 bathroom, providing a comfortable living space.
Outbuildings: Two separate 2-bedroom outbuildings, offering additional accommodation options.
This property not only offers a development opportunity but also provides immediate income potential with the existing structures. Whether you are envisioning a medical facility, professional offices, or a residential project, the options are vast and promising.

Call Today for a Viewing:
Seize the chance to explore this exceptional development opportunity. Contact us today to schedule a viewing and discover the potential that this property holds. Don't miss out on the chance to shape your vision in a prime and tranquil location.

Features

4
1
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
1
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Flatlet
2
Sizes
Land Size
997m²
Extras
Air Conditioner • Level Road • Accommodation

Pietermaritzburg Central, Pietermaritzburg

Pietermaritzburg, the Capital of KwaZulu Natal, is situated in the Msunduzi river valley and is rich with historical attractions, culture and natural countryside beauty. Pietermaritzburg, known as the "City of Flowers" for its beautiful azaleas, roses and stunning purple Jacaranda trees that line the city streets, hosts the annual Spring Open Gardens which attracts visitors worldwide.  It is home to the famous Dusi...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

25,061.10

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