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R8,500,000

Monthly Bond Repayment R83,439.69
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,000

Development Opportunity in Howick

This north facing property of 34.6ha is within the tranquil environment of Midmar Nature Reserve. The 700sq.m spacious home has a swimming pool and tennis court. The property is zoned for 70 units and has been issued with DAEA and DFA permits. Initial 44 freehold sites have already been pegged and surveyed and roads traced.

Features

4
3
6
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
6
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Land Size
34Ha
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop website is accurate and up to date, Maxprop 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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

R
%

Monthly Payment

83,439.69

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