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Exciting Opportunity for a Developer - Amanzimtoti

Arguably THE most valuable split level property in Amanzimtoti on the Kwazulu Natal upper South Coast.
The property is situated plumb in the middle of Amanzimtoti between all the shopping centres schools and entertainment attractions.
The entire property faces the Indian Ocean with unbeatable breaker views from every angle and overlooks the most popular holiday attractions that Amanzimtoti has to offer.
Re develop this existing Holiday Self Catering Destination which is reminiscent of a bygone era into a new exciting Resort or develop it into a Retirement Village (Amanzimtoti is desperately short of Retirement homes) or Flats, a Hotel ...... let your imagination run wild.
Zoned General Residential 1
*Boarding House *Chalet Development
*Flats - multi storey *Hotel
*Retirement Centre/complex/home
Contact me to request and information pack.


Amanzimtoti, meaning 'the water is sweet' is a laid-back coastal town near Durban. This town attracts the young, old, retired and working class - all for the same reason.. the beach! With the beach being the main attraction in this neighbourhood, surfing, swimming and fishing are the most popular outdoor activities and holiday makers flock here in summer. Life moves a little slower in Amanzimtoti, and many people like to live here and commute to work in Durban.

Features

6
0
Zoning:
Commercial
Interior
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Land Size
4,530Ha
Parking Bays
Covered Parking Bays
6
Extras
Security Gate • Outdoor Beams

Amanzimtoti, Amanzimtoti

History According to local legend, in 1828, when the Zulu King, Shaka,led his army down the south coast, he rested on the banks of a river.  After tasing the water, he exclaimed 'Kanti amanzi amtoti' meaning the water is sweet.  The river became known as Amanzimtoti. Location Only 45 minutes from King Shaka International airport and 25 minutes to Durban's Central Business District lies the town of...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

272,696.56

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