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R750,000

Monthly Bond Repayment R7,614.22
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R1,300

VACANT LAND ACROSS THE ROAD FROM THE SEA

REDUCED TO SELL: BRING YOUR BEST OFFER

Ideally located across the road from the sea, this 1,720 sqm prime piece of coastal real estate presents a unique opportunity. Whether you are looking to invest in a beautiful beach house or build a holiday home that can later serve as a retirement residence, this property offers significant potential.
The land is level grassland with initial steps already undertaken to commence the building process. Approved building plans are included with the property. The water connection has been paid for and installed by the Municipality, while the sewage connection, though paid for, is pending installation by the Municipality. A surveyor has provided a certificate verifying the exact beacons and boundaries, and stormwater infrastructure has been established. Additionally, 150 cubic meters of sand have been used to fill the site, making it almost ready for the building process to begin.
Palm Beach, situated adjacent to the Mpenjati Nature Reserve on the Lower South Coast, boasts several major attractions including stunning beaches, diverse wildlife, and picturesque landscapes.

The area's natural beauty, cultural heritage, vibrant local communities, and a variety of recreational activities such as water sports and nature trails, contribute greatly to its allure.

Never has it been this affordable! Give us a call.

 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

7,614.22

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