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R4,200,000

Monthly Bond Repayment R44,790.04
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,000

Development Land lovely wildlife

Listing update 07/10/24
Introducing a remarkable opportunity for developers and investors: a sea view land in Umtentweni with immense potential for development. This expansive property is ideally suited for a residential project, offering space for approximately 40 houses-an incredible bonus for those looking to maximize their investment.

Conveniently accessible from two entrances, the main entrance being Rethman Drive and the second entrance from Link Drive, this land holds great promise for a well-planned and strategically designed development.

On the property, there are existing buildings with single-phase power, providing a head start for any construction plans. Three septic tanks are already in place, ensuring efficient waste management. Additionally, there are three water tanks with capacities of 2x4000 liters and 1x9000 liters, offering a reliable water supply.

As an added incentive, a spacious old house spanning 1000 square meters is included with the property at no extra cost. This building presents opportunities for renovation or repurposing, allowing for creative possibilities within the development.

Nature enthusiasts will appreciate the abundance of wildlife on the property. The tranquil surroundings are home to a variety of wildlife, including owls, eagles, and bucks, creating a harmonious coexistence between development and nature.

With its breathtaking sea views, convenient location, and existing infrastructure, this property holds tremendous potential for a lucrative and sought-after development. Unlock the possibilities and seize this opportunity to create a thriving community in the idyllic coastal setting of Umtentweni.

Don't miss out on this extraordinary chance to shape the future of this remarkable piece of land. Contact us now to discuss further details and explore the unlimited potential of this exceptional property.

In the news

Things to do this weekend.
Do this on your next holiday... If you're looking for an unforgettable experience during your stay on the coast, I highly recommend indulging in a family sundowner cruise with the Umzimkulu Riverboat Cruises from Spillers...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

44,790.04

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