Web Ref RL18719
R6,600,000
Monthly Bond Repayment R68,124.43
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Prime development land for sale. Craighall.
Rezoning status
• subdivision application was approved
• Section 34 application was submitted to Council
• Section 34 application must be finalized, which entails the servicing of the subdivided stands with water, sewer and electricity.
• Clearance letters from City Power and JRA have been received
• Outstanding :
o Obtaining clearance from Joburg Water. In this regard a Civil Engineer needs to be appointed. Construction drawings needs to be submitted and services installed. Fee proposal must be obtained from an Engineer
o Payment of Bulk Services Contributions – R167 077.53
o Conveyancer must be appointed to submit legal documentation to Council (fee to be obtained)
o Town Planning fees to finalize the Section 34 application : R15 750-002 (VAT excl.)
Completion of the rezoning will depend on the Civil Engineer and the timeframe for the installation of services and the inspection but is estimated at ± 2-3 months.
• subdivision application was approved
• Section 34 application was submitted to Council
• Section 34 application must be finalized, which entails the servicing of the subdivided stands with water, sewer and electricity.
• Clearance letters from City Power and JRA have been received
• Outstanding :
o Obtaining clearance from Joburg Water. In this regard a Civil Engineer needs to be appointed. Construction drawings needs to be submitted and services installed. Fee proposal must be obtained from an Engineer
o Payment of Bulk Services Contributions – R167 077.53
o Conveyancer must be appointed to submit legal documentation to Council (fee to be obtained)
o Town Planning fees to finalize the Section 34 application : R15 750-002 (VAT excl.)
Completion of the rezoning will depend on the Civil Engineer and the timeframe for the installation of services and the inspection but is estimated at ± 2-3 months.
