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R10,000,000

Monthly Bond Repayment R98,164.34
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R3,200

3,334m² Vacant Land For Sale in Milnerton Central

RESIDENTIAL DEVELOPMENT OPPORTUNITY IN MILNERTON CENTRAL

Set over 2 Erven totalling 3334m². Massive potential to re-develop as per the approved plans for the development of an exclusive boutique residential estate, the very first of its kind in Milnerton central, thereby maximising the true potential of this prime site in Alamein Road. Alternatively, renovate the houses on each erf / subdivide / plot and plan/build your dream home.

A developer / investor is offered the rare opportunity to purchase the sole development site situate at 22 and 24 Alamein Road, Milnerton. Erven 1431 and 1540, Milnerton are 1 407m² and 1 926m² respectively. Both erven are zoned Single Residential Zone 1 (SR1).

Council has approved the application to consolidate the subject properties and subdivide the consolidated erf into seven Single Residential 1 erven.

The Proposed Development, The Arin, is an upmarket residential estate comprising seven modern luxurious homes with floor areas of approximately 250m² on plots ranging between 438m² and 563m².

Each home has 4 bedrooms with views of Table Mountain, Milnerton Golf Course, Lagoon and the Atlantic Ocean.

Contact the Sole Agents for all information and copies of all approvals since the planning application. Heritage Western Cape have issued demolition permits which are valid for 3 years. The proposed development has approval valid for 5 years. Copies of floor plans, 3D images of the homes in the security estate are all available.

Make an Offer for the Seller to consider.

Milnerton Central, Milnerton

Leapfrog Properties has one of the most expansive ranges of Milnerton properties available today, a broad spectrum able to cater to all tastes. The suburb of Milnerton has a rich history since its establishment by Sir Alfred Milner in 1897 and is still the first residential suburb outside of the city centre, being only nine kilometres away. Proudly hailed as the Gateway to the West Coast, the suburb offers easy...
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Things are moving in Milnerton
Situated 15 km north of Cape Town, the suburb of Milnerton currently houses an estimated 15,000 people. This figure is significantly higher than the 3,400 strong community as indicated by the 2001 Census – largely due to...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group 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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

98,164.34

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