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Bidding to start from R2mil!!! Live Modern Auction!

Bidding to start from R2mil!!! Live Modern Auction!

Attention: Developers, Business Owners and Investors!

This auction is an unmissable opportunity to secure 100 acres of undeveloped land exceptionally well-positioned between the burgeoning node of the new Westown development and Giba Gorge Park. Take advantage of easy access to the main freeway for inland transport or eastwards to Durban and the ongoing and exciting upgrade to the local infrasturcture in this area. You will be well placed to harness the potential of future values this area will certainly offer.

The location is especially ideal for a storage depot to service new Westown owners relocating to the area; or possibly you require more space for your business in the form of warehousing or storage and this property will provide you with the ideal solution. Are you looking to create an eco-tourism venture, this property is well setup with existing hiking trails surrounded by the natural beauty of this area.

A myriad of opportunities await, and I look forward to introducing you to this incredible tract of real estate and discussing the possibilities with you.

All offers are encouraged, and you have the option to submit an offer at any time before the auction to secure this exceptional property – whether it's through a loan or cash purchase.

On-line Auction Date: 9 May 2024 @ 18h00

The Seller has chosen to make use of Harcourts Auctions' Non-Distressed Auction Platform For Serious Sellers
- No Buyers Premium - seller to pay the commission
- Full Finance Options Available
- Offers Accepted prior to Auction Day
- All property reports, available on request
- Seller to arrange compliance certificates and rates clearance certificate for buyer
- The seller has a Non-Disclosed Reserve Price

Shongweni, Hillcrest

The area, known generally as The Upper Highway, lies between Westville and Pietermaritzburg and is made up of smaller suburbs such as Kloof, Gillitts, Hillcrest, Winston Park, Botha's Hill, Assagay and Waterfall.  Once known as a sleepy village, the Upper Highway has become a much sought-after area for families to invest in their futures. From lush greenery in Kloof to the breath-taking Valley of a Thousand Hills,...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

21,674.14

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