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R4,500,000

318 The Boulevard

Monthly Bond Repayment R48,766.82
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R4,448
Monthly Rates
R6,204.6

PRIME DEVELOPMENT SITE IN THE ZIMBALI LAKES MIXED-USE BOULEVARD

**Sole & Exclusive Mandate to Seeff Zimbali**
This prime site within the high-value and high-demand Mixed-Use Zimbali Lakes Boulevard Development provides a commercial opportunity for developers and end-users. The gross site size of 2,222 sqm provides a gross lettable development area of 1,000 sqm within a footprint area of 1,308 sqm. The Zimbali Lakes Boulevard development consists of 15 sites ranging in size from 2,090 sqm to 12,050 sqm with a gross lettable area range of 941 sqm to 5,423 sqm. The design and master development ethos has envisioned a mix of Retail, Office and Residential spaces with the focus on being pedestrian-friendly where people can live, work, play and shop in one space. VAT at 15% is payable on the purchase price - No Transfer Duty Payable.

The municipal zoning of The Boulevard is referred to as Mixed Use Light Impact (MULI 1) and in terms of the Kwadukuza Local Municipality Scheme is subject to the following controls:
FAR (Floor Area Ratio) of 0,45
Coverage: 40%
Height: 3 Storeys
Front Setback Line: 7,5m
Side Setback Line: 3m
No residential is permitted on the ground floor
Rear Setback Line: 3m

Zimbali Lakes Resort, Ballito

Ballito, nestled along the North Coast of KwaZulu-Natal, is an exquisite coastal town renowned for its appeal as an upscale residential area. It is about 40 kilometres north of Durban and 24 kilometres south of KwaDukuza. Known for its pristine beaches and frequent sightings of dolphins and whales in the warm Indian Ocean, the coastal area is a tourist hotspot. With its beaches, sugar cane fields, tropical...
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

48,766.82

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