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R12,500,000

Monthly Bond Repayment R120,627.71
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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WATERFRONT DEVELOPMENT LAND WALKING DISTANCE TO UNIVERSITY

Prime Development land on the river and within the Spacial Development plan of Mbombela Municipality of Nelspruit. All specialist studies and Geo-technical reports have been conducted.The application for Res. 3 has been approved by Mbombela and a further application for higher density and shifted focus towards Student Accommodation is being considered. This is as a result of the phenomenal growth of Nelspruit and the University which is within walking distance to the site. The construction of the new University of South Africa is also well on i''ts way.

The site slopes towards the dam and even the highest point has a view of the dam. The property currently consist of 5 Farm houses and 2 Flats. A borehole supplies the water to the dwellings and measures approximately 30 m deep with Escom electricity supply. There are two Staff Quarters and a Shed of approximately 100 m2. All documentation related to the Status Quo of the proposed development is available on request.

Stonehenge, Nelspruit

Nelspruit is the capital city of the Province of Mpumalanga.   The province is unique in the sense that it borders with the 3 provinces of KwaZulu Natal, Limpopo and Gauteng as well as, on an international front, with Swaziland and Mozambique, and the Kruger National Park.   The Lowveld, where Nelspruit is situated, is renowned for its mild warm climate, its beautiful nature (including prolific bird-...
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Huge Demand at Lower End of Nelspruit Property Market
First-time homebuyers moving up the economic ladder are now depleting the stock of small and medium-size homes for sale in Mbombela (Nelspruit).   “Full-title Nelspruit homes at prices between R800 000 and R1,2...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.

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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

120,627.71

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