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R8,650,000

Monthly Bond Repayment R93,740.66
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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R 8 650,000 - Vacant Land for Sale in Montose

Rarely do opportunities like this arise, to purchase large tracts of land in this northern area of the City! It was identified as a prime site for an up-market, Eco-estate many years ago, and has now returned to the market, for a lucky buyer.
This 14,89 Ha portion of land, comprising old farm buildings, some pastures, and large forested areas is ideal for Ecologically based, exclusive - residential estate development, or to live in a peaceful farm-like environment, away from the hussle and bustle of City life. The choice is yours! This property has been lived on and loved by a family for nearly a Century, but now forms part of an Estate Late. Bordering Upper Ferncliffe and Hilton the property overlooks Queen Elizabeth Park towards Pietermaritzburg with outstanding views from its elevated position. Set in a sought after, restful and serene environment it remains within easy access of all the city amenities, schools, and shopping malls. Call me to to view and discuss development options and processes.
If you wish to go the Eco Residential Estate route a Town Planning Rezoning and Environmental Impact Assessment, will be necessary, as part of the initial process. This land and adjacent vacant portions also for sale (essentially the last large vacant land in this prime area) can be combined for a larger up-market, Eco-Estate.
Currently zoned for agriculture, buildings required for such purposes, such as Dwellings and outbuildings, are permissable in terms of the Msunduzi Town Planning Scheme. Old/derelict buildings from previous farming operations exist and come with the property. Their retention or demolition can be decided on by the new owner.

Montrose, Pietermaritzburg

Pietermaritzburg, the Capital of KwaZulu Natal, is situated in the Msunduzi river valley and is rich with historical attractions, culture and natural countryside beauty. Pietermaritzburg, known as the "City of Flowers" for its beautiful azaleas, roses and stunning purple Jacaranda trees that line the city streets, hosts the annual Spring Open Gardens which attracts visitors worldwide.  It is home to the famous Dusi...
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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%
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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%
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GRAND TOTAL:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

93,740.66

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