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R1,590,000

Monthly Bond Repayment R15,608.13
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R250

SMALL HOLDING IN UMZINTO WITH LARGE FAMILY HOME

Nestled 40 minutes from Durban is this elegant and spacious home, set on 5 acres of land. There is also the potential to be sub-divided for future development to be used as a small holding. Did you ever want to live off the grid, then this is the place to start.

The land is almost flat and would be ideal to farm veggies or turn it into a chicken or goat farm. This dwelling comes with a large family home, perfect for entertaining. A separate 3 bedroom apartment, enclosed courtyard and domestic quarters. Included on this property is a beautiful swimming pool, tennis court and an orchard with mango and litchi trees. During the rainy season a little stream meanders through the property.

Umzinto, is located on the Umdoni Coast, on the South Coast of KwaZulu-Natal, 10km inland from Park Rynie and is named after the Mzinto River. Umzinto, was one of the first sugarcane growing areas in the old Natal and the town was set up as the centre for the nearby sugar mill. The first public sugar mill company in Natal was established there in 1858, but sadly 7 years later the mill was struck by lightning which lead to total bankruptcy.

Predominantly an Indian-influenced town, giving it an exotic air and the architecture is a mixture between Colonial and Indian. Shopping in this little town is a charming “Eastern” experience. Umzinto recently saw the opening of the Bhai Centre boasting numerous stores and ample parking for easy shopping. The town boasts two Secondary schools and a few Primary Schools, numerous doctors, a health clinic, police station and fire station.

Features

4
3
2
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Sizes
Land Size
5m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff 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

15,608.13

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