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136 Grayston Drive, Sandton Central

Develop 476 Residential Units - On Auction 16 October

On Auction 16 October - Develop 476 Residential Units

The subject property present s an exceptional opportunity for development in one of Sandton's most sought-after locations. This prime land parcel is strategically positioned along Grayston Drive, a key arterial route that provides seamless access to the Sandton Central Business District, making it an ideal location for commercial or mixed-use developments. The land boasts a generous size, offering ample space for a variety of development options such as high-end residential projects. Its proximity to
major amenities, including Sandton City, Nelson Mandela Square, and the Gautrain Station, further enhances its appeal for investors and developers seeking to capitalize on the thriving Sandton market. Key features of the property include its flat topography, which minimizes development costs. Additionally, the property is well-serviced with essential infrastructure, including water, electricity, and telecommunications, making it ready for immediate development.

Key Features
- Double Erf Extent
- Erf size: 3965 sqm (Another 3965sqm adjoining)
- Residential 4 zoning
- Zoning density of 476 units

 
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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

284,058.92

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