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R6,500,000

319 Pine Avenue

Prime Development Land for Sale in Ferndale

An exceptional development opportunity in the heart of Ferndale! This 4015m² Residential 3 zoned property is approved for 24 units (60 dwellings) and is perfectly positioned for residential tenants.

Located on a prominent corner along bustling Hill Street, this site benefits from high vehicular and pedestrian traffic, making it an ideal location for a high-demand residential development. The property allows for a three-story height restriction and offers easy connectivity between Bram Fischer Drive and Malibongwe Drive.

Price: R6.5 million (Excl. VAT)

Don’t miss out on this prime investment opportunity—contact us today!

Ferndale, Randburg

Randburg is well-known within the sprawling metropolitan location of Johannesburg. It is largely the location of many commercial and industrial nodes, however, there are also various locations where people live. The history of the area dates back to 1959 and is in fact made up of 32 suburban locations which make up greater Randburg area. The name is in fact named after the currency of South Africa. In modern-day...
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Randburg on the commercial office space rise
South Africa is one of the most highly developed commercially developed countries on the entire African continent. This commercial development has led people to the sprawling metropolitan expanse of Johannesburg. Which in many...
 
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Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the OfficePlace website is accurate and up to date, OfficePlace 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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

89,537.51

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