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R5,995,000

Monthly Bond Repayment R62,902.90
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Development Land For Sale 19520m²

This prime piece of development land is perfect for creating a modern, secure, and conveniently located housing complex. Ideal for developers looking to invest in a growing and desirable suburb.
Location: Effingham Heights, adjacent to Red Hill and Riverhorse Valley
Land Size: 19,520m²
Proposed Development: Medium density housing complex
Total Units: 88 modern lifestyle units
Unit Breakdown:
- 72 x 2-bedroom units
- 16 x 3-bedroom units
Features:
- Open plan living areas (kitchen, dining, lounge)
- Balconies
- Dedicated and visitors parking
- Clubhouse/conference centre
Building Structure:
- 2 levels per block
- 4 units per block
Security:
- High-level security systems in the suburb
- All-round CCTV cameras connected to SAPS and security companies
- Automated boom gates for controlled access
Location Advantages:
- Proximity to all essential amenities:
- Schools
- Shopping centres
- Medical facilities and hospitals
- Easy access to major arterial routes

Avoca, Durban

The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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Durban's Hot Property Locations
Chris Tyson, chief executive officer of Tyson Properties, says as Africa’s fastest growing city, Durban is an exciting place to work, play and live in.   Tyson explains that KwaZulu-Natal is one of the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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

62,902.90

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