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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

Huge development for sale

This North facing property of 24.63 ha is "within" the tranquil environment if Midmar Dam Nature Reserve and blessed with gratifying views of the dam and the Midlands hills. It offers to the private investor or developer the following: a spacious residence of 700m2 with swimming pool and tennis court and is zoned up to seventy(70) residential/tourist units. It holds DAEA and DFA permits to initially develope 44 freehold sites. These 44 sites have been surveyed and pegged and roads have been traced. The basic services: water,sewerage, Eskom and Telkom are available at the main road gate.

Features

5
3
4
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
4
Carports / Parkings
4
Security
Yes
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Land Size
346,363m²

In the news

R353m social housing project for Pietermaritzburg
Hundreds of families in the Westgate Grange area of Pietermaritzburg will soon have access to affordable housing with the completion of Aloe Ridge, the largest social housing project in the...
 
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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

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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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