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R7,500,000

665 Ridge Road

Monthly Bond Repayment R81,278.03
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R11,633

Exquisite 9 unit development site at a magnificent price

This exquisite 4 226 sqm planned unit development site within the brand new Zimbali Lakes Resort is not to be missed. It is a gorgeous elevated site with magnificent views over the 15th and 9th fairways and it borders a green belt. At this unbelievable price, a purchaser will pay around R720 000 plus VAT per investment opportunity. The purchase price is VAT inclusive with No Transfer Duty Payable.

The site is earmarked to fit 9 sectional title townhouses and is very easily accessible from the main entrance. The site is also in close proximity to walkways and estate facilities. The vision of Zimbali Lakes is to optimize the natural splendor of the surrounding landscapes with sweeping views of the forest, fairways, lakes, and dams.

The municipal zoning for the site is: Freely permitted uses Residential Dwelling House – medium density housing (ROMD 3) and in terms of the Kwadukuza Local Municipality Scheme is subject to the following controls:

Permitted nr of units: 9
FAR (Floor Area Ratio) of 0,45
Coverage: 30%
Height: 2 Storeys
Front Setback Line: 7,5m
Side and rear Setback Line: 4,5m
Freely permitted uses Residential Dwelling House – medium density housing

Zimbali Lakes Resort stretches over 300 hectares of breath-taking landscape and the development offers a new minimalist and contemporary approach to the traditional Zimbali look. The pet-friendly Zimbali Lakes Resort is a stylishly curated assembly of some of the finest and most desirable amenities seen within a gated estate. Developments within the resort are to include an 18-hole golf course, the Beach Club, Ocean Club, The Boulevard, The Ridge, Water Club, and Sports Club and will feature a commercial section resembling the V&A Waterfront. At Zimbali Lakes, residents enjoy peace of mind, freedom, and all-around natural beauty within a gated community protected by 24-hour state-of-the-art security. With the construction of Phase 1 completed and Phase 2 ready for transfer, this is the perfect time to invest. Call me today to set up a site viewing.

On Show

14:00 to 17:00
Sunday, 28 April 2024
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Directions

Take the M4 from Ballito. Turn right at the 2nd traffic circle on the M4. Zimbali Lakes Resort’s SALES CENTRE is on the right. Press the busser at the gate into the SALES CENTRE and Fransie will meet you here.

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Disclaimer: While every effort will be made to ensure that the information contained within the Zimbali Sales website is accurate and up to date, Zimbali Sales 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:

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Expenses

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

81,278.03

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