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R2,450,000

11 Nquma Road

Monthly Bond Repayment R25,706.77
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R593

Re-zoned and Ready to go - Development Opportunity!

It is a rare opportunity to find vacant land already re-zoned for the development of 11 free-standing homes in central Hillcrest. We anticipate that the end product will be a gated estate comprising of 11 freestanding homes at an anticipated value of R1,8mil each. In addition 2 Ethekweni Municipality approved platforms have been cut which goes further to depict the proposed complex layout, retaining wall design and stormwater retention. All aspects designed by a professional Engineer and there engineering drawings were approved in May 2019.

The purchaser has the opportunity complete the development plan to include the design and size of units, internal road positions and transportation area size to fit with the home design size. This position which is close to Kassier Road is ideal in terms of freeway access, proximity to schools, shops, medical facilities and hospital. The R1,8mil market qualifies currently for 100% bonds plus transfer costs with selected banks. This makes the development ideal for first time buyers!

Bothas Hill, Hillcrest

Botha's Hill sits halfway between Pietermaritzburg and Durban. Standing at the edge of the majestic Valley of a Thousand Hills, this scenic town truly has something for everyone.  If you're active, Botha's Hill is built to run the Comrades or take on the Amashova. If you're an artist, the area's natural wonders will inspire you. Beginning your golden years? The tranquil setting and fresh air will boost your...
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Highmead Country Estate: Your Serene Sanctuary
Are you seeking a peaceful haven where you can escape the hustle and bustle of city life? Look no further than Highmead Country Estate, a prestigious residential estate nestled amidst the breathtaking beauty of the Upper Highway...

This Vacant Land is found in Augusta Country Estate

3 Listings For Sale

This magnificent, renowned, and sophisticated Estate boasts some of the top echelon properties in the entire Upper Highway area. Augusta Country Estate is well known for its carefree living, taken care of by top class security, comprising of 24hr access control by A-grade guards and all the latest and greatest in electric fencing and CCTV technology....

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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

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

25,706.77

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