Web Ref DPR10087
R420,000
Monthly Bond Repayment R4,479
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R2,100
R2,100
MULTIPLE STANDS AVAILABLE- YOU CHOOSE!
The vacant land in De Deur Estate presents a promising opportunity for those with a vision for development. With 12 available stands awaiting transformation, this location offers a canvas for ambitious projects. The potential for building a complex and renting out units is a lucrative venture that should not be overlooked. One of the key advantages of these stands is that they are already zoned for Residential 1, simplifying the development process considerably. This zoning designation typically allows for single-family homes or multiple dwellings, making it a versatile choice for builders and investors. It's important to note that when financing vacant land, banks generally offer loans covering up to 60% of the property's value. This means that prospective buyers will need to provide a 40% deposit to secure the land. However, an alternative option is to explore a comprehensive building package that includes architectural plans and other necessary elements. This can simplify the financial aspects of land acquisition and development.
The flexibility of this opportunity extends beyond mere investment. For those dreaming of creating their ideal home, this is a chance to make that vision a reality. Engaging an architect to design a house that fits the needs and aesthetics of the 21st century is an exciting prospect. Whether you are an investor looking to profit from rental income or an individual seeking to build your dream home, these vacant stands offer a myriad of possibilities.
The De Deur Estate location, likely with its unique charm and appeal, provides an attractive backdrop for development. As you explore the potential of these vacant stands, consider the various sizes and their corresponding prices, tailoring your investment to your specific goals. With careful planning and strategic execution, this opportunity could open doors to a prosperous future, making the dream of a complex, a modern home, or a shrewd investment a reality. Don't delay â take the first step towards unlocking the potential of this prime real estate and seize the opportunity knocking on your door in De Deur Estate.
The flexibility of this opportunity extends beyond mere investment. For those dreaming of creating their ideal home, this is a chance to make that vision a reality. Engaging an architect to design a house that fits the needs and aesthetics of the 21st century is an exciting prospect. Whether you are an investor looking to profit from rental income or an individual seeking to build your dream home, these vacant stands offer a myriad of possibilities.
The De Deur Estate location, likely with its unique charm and appeal, provides an attractive backdrop for development. As you explore the potential of these vacant stands, consider the various sizes and their corresponding prices, tailoring your investment to your specific goals. With careful planning and strategic execution, this opportunity could open doors to a prosperous future, making the dream of a complex, a modern home, or a shrewd investment a reality. Don't delay â take the first step towards unlocking the potential of this prime real estate and seize the opportunity knocking on your door in De Deur Estate.
