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R34,314,000

4,971m² Vacant Land For Sale in Umhlanga Ridge

The site in question is erf 2583 measuring 4,971 square meters with a bulk of 8,170 square metres.

1. Outright sale at R4,200.00 per bulk square metre ( exclusive of VAT, transfer duties, etc. ), giving a total of R34,314,000.00 ( excluding VAT, transfer duty, etc.)

2. Co-development with the co-developer putting about R24m or higher towards the land on an equity structure to be agreed between us and the co-developer.

Umhlanga Ridge, Umhlanga

Once a sleepy holiday town, Umhlanga has seen a boom in property development and infrastructure over the last 10 years with many blue chip companies relocating from the Durban CBD to this new urban chic area which has contributed towards it being one of the fast growing cities in South Africa. It offers spectacularly designed buildings, P-grade office properties with green star ratings, most with 180 degree sea...
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Umhlanga shines as office vacancies plummet
Notwithstanding tough economic conditions, the competitive advantages of the Umhlanga office node continue to drive uptake of office space. Many naysayers predicted slow uptake and growing vacancies on the back of slow domestic...
 
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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

458,225.73

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