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Prime Land Opportunity in Springs - On Auction 21 November

On Auction 21 November - Prime Land Opportunity in Springs

We are excited to announce an exceptional opportunity for developers and investors at our upcoming auction on November 21, 2024. This prime piece of land, located in the vibrant area of Springs, spans an impressive 14.65 hectares and is currently zoned for agricultural use. However, its strategic location and size make it a highly suitable candidate for either residential or industrial development.

Key Features:
Location: The property is conveniently situated near major transport routes, providing easy access to both urban amenities and key industrial hubs. Its proximity to Springs ensures that residents and businesses alike can benefit from a well-established infrastructure.

Zoning Flexibility: While currently zoned for agricultural purposes, the property presents significant potential for rezoning to accommodate residential developments, such as housing estates or mixed-use projects, as well as industrial ventures. This flexibility allows buyers to explore a variety of development opportunities.

Size: At 14.65 hectares, this expansive land offers ample space for large-scale projects. Whether you envision a thriving residential community or an industrial complex, the size of this parcel allows for versatile planning and development.

Development Potential: Springs has been experiencing growth and demand for both residential and industrial spaces. This property is perfectly positioned to capitalize on these trends, offering a unique chance for investors to make a significant impact in the area.


Auction Details:
Date: November 21, 2024
Time: 12:00
Location: Wanderers Club, Illovo

Prospective buyers are encouraged to visit the property prior to the auction to assess its potential.
This auction presents a rare opportunity to secure a sizable piece of land in a developing area with various avenues for growth and investment. Whether you are a seasoned developer or a first-time investor, this property is a must-see.

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Broll Auctions and Sales website is accurate and up to date, Broll Auctions and Sales 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

105,446.58

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