R6,600,000
Monthly Bond Repayment R67,005.11
Calculated over 20 years at 10.75% with no deposit.
Change Assumptions
Rezoning Nearing Completion – Prime Development Opportunity
Rezoning & Subdivision Status
Subdivision: Approved
Section 34 Application: Submitted to Council
Next Steps: Finalization pending installation of municipal services (water, sewer, electricity) to the newly subdivided stands
Clearances Obtained:
City Power
Johannesburg Roads Agency (JRA)
Outstanding Items:
Joburg Water Clearance:
Still pending
A civil engineer must be appointed to submit construction drawings and manage the installation of services
Fee proposal from the engineer is required
Bulk Services Contributions:
Payable amount: R167,077.53
Legal Documentation:
A conveyancer must be appointed to submit the necessary documents to Council
A fee quote needs to be obtained
Town Planning Fees:
R15,750.00 (excl. VAT) payable to complete the Section 34 process
Estimated Timeline:
Once a civil engineer is appointed and services are installed with all required inspections completed, the process is expected to be finalized within 2 to 3 months.
Subdivision: Approved
Section 34 Application: Submitted to Council
Next Steps: Finalization pending installation of municipal services (water, sewer, electricity) to the newly subdivided stands
Clearances Obtained:
City Power
Johannesburg Roads Agency (JRA)
Outstanding Items:
Joburg Water Clearance:
Still pending
A civil engineer must be appointed to submit construction drawings and manage the installation of services
Fee proposal from the engineer is required
Bulk Services Contributions:
Payable amount: R167,077.53
Legal Documentation:
A conveyancer must be appointed to submit the necessary documents to Council
A fee quote needs to be obtained
Town Planning Fees:
R15,750.00 (excl. VAT) payable to complete the Section 34 process
Estimated Timeline:
Once a civil engineer is appointed and services are installed with all required inspections completed, the process is expected to be finalized within 2 to 3 months.