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R8,000,000

Monthly Bond Repayment R86,696.57
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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R2,000

Prime development land – on the riverbanks - Uvongo

This prime piece of land is 2.24 hectares in size, borders the Vungu river with its own private beach and where one can enjoy lovely nature walks. The property has been partially developed and It is currently occupied by 8 park homes which bring in a site rental. It can be developed into a lifestyle village, or one could build cottages to rent out.
The property already has 3 phase electricity with a transformer big enough for a large development, 50mm UGU water main. Road system, sewage system and electrical system with individual meters to 9 sites already. There is an operating sewage system and security fencing. Plans have been drawn up with roads and separate sites. There is also a perimeter electric fence and electric gate. There is river frontage with a private beach.
Uvongo is a seaside resort in the KwaZulu-Natal South Coast at the mouth of the Vungu River in KwaZulu-Natal, South Africa. Uvongo is the largest upmarket residential area on the lower South Coast. The Vungu River has a waterfall that flows into a small gorge near the mouth. The town is named after the Vungu River,[2] which is derived from the Zulu word that describes the sound of a waterfall or the wind in a gorge.

Uvongo, Margate

Uvongo is a bustling holiday town on the KwaZulu-Natal south coast. Real estate and property investors can choose from houses, villas, apartments, townhouses, cluster developments, security villages, retirement complexes, guesthouses and vacant land. Although is essentially a holiday town, it is occupied virtually year round. The town is located between the popular towns of Margate and Port Shepstone and is known...
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In the news

Spectacular new eco-estate launched on the KZN South Coast
Margate on the beautiful KZN South Coast is home to a spectacular new 120ha eco-estate, Serenity Hills. This is welcome news for the area given the high demand for sustainable living, says Michelle Harris, licensee for Seeff...
 
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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%
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MONTHLY REPAYMENTS

 

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Monthly Payment

86,696.57

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