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R29,000,000

4,971m² Vacant Land For Sale in Umhlanga Ridge

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

1. Outright sale at R3,550.00 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

The combined Umhlanga and La Lucia node is accessible from the N2 highway via the M41, with La Lucia south and Umhlanga north of the M41. Approximately 87.9% of total stock is A-grade with many buildings having sea views and attractively landscaped gardens. Amenities include retail and medical facilities, banks as well as hotels. Gateway Theatre of Shopping (a popular retail destination) is undergoing a...
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Sustainable innovation and alternative uses key to SA prime office markets
A golden triangle links South Africa’s prime office locations running from Umhlanga/La Lucia in KwaZulu-Natal across to the Sandton CBD in Gauteng and down to Century City in the Western Cape. While each precinct offers...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 15%
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 15%
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

383,237.14

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