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R550,000

Monthly Bond Repayment R5,770.91
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,375.9

Great investment opportunity with the vacant site

This vacant land is situated in Lower Illovo which is quiet and development in the area is expected close by, take advantage, today to build to invest for the future. Sized right at 1474sqm, plenty of space for a house and a pool.

The naming of Amanzimtoti is generally attributed to the renowned Zulu King Shaka, who stopped here in 1828 with his army during one of their campaigns. Legend has it that after being given water to drink from the local river, he remarked 'kanti amanzi mtoti' (so the water is sweet), thereby giving the river, and the town that later developed around it, the name of Amanzimtoti.

Six hundred-odd km from Johannesburg, 60km from Durban International Airport, and conveniently situated just 25km south of central Durban, the booming holiday destination of Amanzimtoti, or Toti as it is known to locals, offers almost everything for the discerning traveler. There is a first-class infrastructure of modern shopping malls, excellent accommodation options, and restaurants, as well as a wide array of leisure activities - both on land and at sea!

 
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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

5,770.91

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