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R650,000

Monthly Bond Repayment R6,820.16
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R865

Corner stand, investment and development opportunity

This property offers incredible potential for investment and development, ideally situated in the heart of Umkomaas, a renowned diving hub. Known for its proximity to **Aliwal Shoal**, a world-famous diving destination, this land promises immense value for those looking to capitalize on the area’s popularity with divers and tourists.

### Key Features and Attributes:

- **Prime Location**: The property is strategically located near the **bowling club** and **diving schools**, making it an ideal spot for those with an interest in outdoor activities, especially diving. Umkomaas is famous for its vibrant diving community, attracting visitors year-round to experience the wonders of Aliwal Shoal, a major draw for enthusiasts and professionals alike.

- **Potential for Development**: With enough space to build **two houses**, this property offers great potential for those looking to create a unique residential complex or vacation rentals, ideal for attracting visitors to this sought-after destination.

- **Golf Course Views**: The land offers spectacular **views of the nearby golf course**, enhancing the appeal of the property for golf lovers or those seeking peaceful, picturesque surroundings.

- **Sea Views**: In addition to the golf course views, you’ll also enjoy stunning **sea views**, with the Indian Ocean stretching out on the horizon. This scenic vista will be an amazing feature for future homes or holiday rentals.



- **Exceptional Investment**: The combination of a prime location, development potential, and the unique features of the area—such as the **proximity to the diving community** and **Aliwal Shoal**, **golf course**, and **sea views**—make this property a fantastic investment opportunity. Whether you're looking to develop vacation homes, capitalize on the area's tourism, or create a personal retreat, the possibilities are endless.

This property presents a unique chance to tap into Umkomaas’ growing appeal as a prime destination for diving and outdoor enthusiasts, with the added bonus of fantastic amenities and views. With two houses able to be built and the land ripe for development, it’s a remarkable opportunity not to be missed.

Clansthal, Umkomaas

Introduction Umkomaas, located on the sunny South Coast of KwaZulu-Natal in South Africa, is a picturesque seaside town renowned for its stunning beaches, abundant marine life and friendly people. Ideal for families, pensioners and adventure enthusiasts alike, Umkomaas marries coastal tranquillity with modern conveniences. If you are thinking of relocating or just visiting, Umkomaas offers a rich life...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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%
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GRAND TOTAL:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

6,820.16

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