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R4,600,000

Monthly Bond Repayment R44,391.00
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R600

PRIME 10.49HA available for various uses!!!

The piece of land in question is 10.49 ha, situated on the Seaview Road and Kini Bay Sweep Road intersection. The proposed development area is situated along and to the west of the existing Seaview Game Farm.
Ideally located within easy reach to Port Elizabeth, and set along the beautiful sought after coastal area.
The local Neighhbourhood Watch and security firms are very active, providing peace of mind.
The small Village atmosphere of this area is a pleasant change from the hussle and bussle of the big cities, and is attracting many new families who want a better quality of life. Peace, tranquility and beauty.

Extensive Business plans are in place for a lucrative production business, which would generate well needed jobs and a boost to the local economy.


Portion 11 is currently zoned for "Agriculture 1" purposes and consist mainly of dense foliage. The southern portions of
both Portion 11 contain areas covered with Coastal Thicket.
There is currently no infrastructure or servitudes to the farm and is not being used for any agricultural purposes.
Another benefit for developers is that, application has been made on the land to subdivide it into four portions, i.e. Ptn 1, 2, 3 and 4. These Subdivided portions will consist of 4 clusters as follows:
Ptn 1and ptn 2: 20 x 1200m2 erven of developed land with the remainder to consist
of natural vegetation and public open space.
Ptn 3: 5 x 1200m2 erven of developed land with the remainder to consist of natural
vegetation and public open space.
Ptn 4: 5 x 1200m2 erven of developed land with the remainder to consist of natural
vegetation and public open space.
This cluster style development aligns itself with the Spatial Development Framework
Plan of 2015 where by it states that Kini Bay, Seaview and Beachview areas
specifically fall within the minimum size of clusters of 1200m2.
The purpose of the application is to allow the owner of the described farm
to develop a portion of the farm approximately (3.6 hectares) around the existing neighbourhood of Kini
Bay Village into a Residential Estate to accommodate approximately 30 families.

Serious Buyers need to apply.
All documentation, title deeds and diagrams/ specs on request.

Features

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Sizes
Land Size
11Ha

Kini Bay, Port Elizabeth

The Port Elizabeth branch of SA National Realtors Group (NRG) is based in Richmond Hill and serves Port Elizabeth and surrounding areas.  We are a vibrant and dynamic team of property professionals and offer informed and professional service to both our buyers and sellers. Why we love South Africa : BEST South African Video ! Port Elizabeth is South Africa’s second oldest city and also the...
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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

44,391.00

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