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R11,000,000

Monthly Bond Repayment R117,307.26
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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R 11 000,000 - 14.89 hectates Vacant Land for Sale in Montose

Zoned Agriculture, this 14,89 Ha tract of land in this forested northern area of the city is ideally positioned to be developed, for example (subject to a development application) as an up-market, ecologically based, residential estate, or to live on, in a peaceful farm-like environment.
Comprising several fenced paddocks, plantations, and remnant indigenous forest areas, similar to the nearby Ferncliffe conservancy, this property borders uMngeni Municipality and Hilton Mount Verde.
From its elevated position, it has outstanding views overlooking Queen Elizabeth Park and the city of Pietermaritzburg.
Set in a restful, and serene environment it remains within easy access to all the nearby city amenities, schools, and shopping malls. Please call me to arrange a site visit and discuss development options, planning, and processes.
From a planning perspective, 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 permissible 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. Please call me to view the site or discuss town planning or development options.

Town Bush Valley, 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%
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

117,307.26

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