Vacant agricultural land

R 424,000

Can I afford this?
2 months ago23 views
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General Details
For Sale By:Agency
Description
Prime agricultural property.

Perfect for small scale farming, located 20 minutes south of Johannesburg and 15 minutes north of Vereeniging. Situated on a pan handle surrounded by agricultural properties, the possibilities are vast to expand both agricultural and residential.

Please keep in mind that if you want to buy the property using a bond that the banks only finance 60% of the purchase price on vacant stands and that the purchaser will need the remaining 40% of the purchase price as a deposit plus an additional amount for bond and transfer fees.

Please note: New municipal bylaws have been passed that requires dolomite testing for every piece of vacant land before plans can be submitted for building. This does entail a cost to the purchaser.

Registered with the PPRA

Property Reference #: 2215349

Agent Details:
Isabella Lombard
The Agents And Associates
101 Vermooten Street, Brackenhurst, Alberton, 1448, Gauteng, South Africa

Id Subtitle 1263147472
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Estimated monthly repaymentR 4,595
Total property loan amountR 424,000
Total interestR 678,781
Total repaymentR 1,102,781
Interest rate at 11.75% for 20 years *
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