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R4,500,000

1 Farm 1274

Monthly Bond Repayment R48,766.82
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R700

Urban Edge Development Land

This land is ideally situated for development. The length of the 10 hectares is bounded by Dolphin Drive, one of the main arteries in Cintsa East. The far end of the portion truncates in a gorge which forms a natural barrier with the village which starts at the top of the far ridge.

Urban edge is a defined line drawn around an urban area as a growth boundary, i.e. the outer limit of urban areas. For land that falls within this area, application can be made to Town Planning for the rezoning of land usage.

The land itself is covered with indigenous vegetation and enjoys a northerly aspect with views of the Cintsa River valley.

Lifestyle farms are in demand at this stage in the market. Subdivide it down to 1ha plots with minimal expense.

Currently zoned Agricultural, subdivision of the main farm has been approved and will register on transfer.

Features

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Sizes
Land Size
100,900m²
 
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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

R 

48,766.82

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