R20,000,000
R20,000,000
Monthly Bond Repayment R216,741.41
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
THE LAST APPROVED HOUSING DEVELOPMENT IN CENTRE OF BRITS FOR 220 HOUSING UNITS
THE LAST APPROVED HOUSING DEVELOPMENT IN CENTRE OF BRITS FOR 220 HOUSING UNITS
****PRICE EXCLUDES VAT
Brits is the epicentre of the mining activities on the platinum belt and is experiencing a huge shortage of housing.
The developments on offer, fall in the area with the last approved and allocated water and electrical supply.
MAIN FEATURES:
Four stands: approved for 220 sectional title units
• 3 300 sqm – where 58 units can be built
• 6 602 sqm – where 76 units can be built
• 8 443 sqm – where 86 units can be built (two adjacent stands)
Zoning rights: Residential 3
Density, coverage, height and floor space ratio:
• Two of the stands – have approved site development plans with density of 40% coverage & 3 storey height. Current owners have however planned for 162 two storey units on the combined stands.
• The site and development plans for the other two stands have been lodged and owners are currently awaiting approval. The allowed density is 60% coverage and height 2 storeys.
Proof of proclamation: Section 82 certificate already issued
Architectural Style is based on functionality and priced to provide for the entry level market for young engineers, artisans and technicians that are employed on the mines.
Proposed development provides for secure playground areas for the residents’ children.
The development is planned to allow for staged development.
Civils – all water, sewer, roads, storm water and electricity approved and available on the border of the stands.
LOCATION OF SITES:
• Within walking distance of the city centre
• Located adjacent to a new shopping centre
• Centre of the Platinum Corridor
Contact agents for an exclusive viewing
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