Build your own home

R 1,250,000

Can I afford this?
6 months ago207 views
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General Details
For Sale By:Agency
Description
Royal Park is a gated estate of 15 home owners situated within ten minutes of Fourways Mall off the tarred access of Mnandi Road, between William Nicol R511 and Summit Roads. It is secure, convenient for access and small enough for every owner to have a say in the management. There is 24/7 access control at the gate and all owners are neighbourly. The rules provide for development of a main house and a cottage on the 1ha of land. Pets are allowed including the normal animals that are permitted on a small holding. The land can be utilised to creat a gentleman's mansion or órganic crops for home consumption.

The land is rectangular and the new owner will be required to complete his section of the wall on the back boundary with the neighbour to enhance the security. Rules are simple and levies are used to upgrade and maintain facilities.

Royal Park is close to several private schools and shopping is available at Dainfern, Blue Hills and Fourways.

Property Reference #: RL4111

Agent Details:
Renee Varejes
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand

Id Subtitle 1242294222
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Estimated monthly repaymentR 13,547
Total property loan amountR 1,250,000
Total interestR 2,001,122
Total repaymentR 3,251,122
Interest rate at 11.75% for 20 years *
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Vartrust Real Estate
Selling for 7+ years
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