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Retirement Village Development

Vacant Land (1)
From R14,000,000
Size from 90m² to 90m²

Township Development

Township Development for sale , measuring 90.83 hectare asking price at R 14 000 000.00


The site is located on the doorstep of Bela Bela (Warmbaths), and is close to all amenities including Shopping, Medical and Leisure Facilities.

All Town Planning (Section 101 Certificate) and Environmental Act (Record of Decisions - RoD) procedures for Proclamation have been completed. The next step is to open the Township Register. Transfers of individual erven can take place as each is serviced and granted a Section 82 Certificate.

The original Township Development "Outpost Equestrian Estate" was targeted at the high-end of the residential market which collapsed in 2008 and the Development Company was put into liquidation. However, some years later, the current owner purchased the property with the intention of using the Approved Township Rights to develop a phased Retirement Village / Lifestyle Estate of smaller stands, a Frail Care Unit and a Shopping Centre utilizing only half of the site, with the remainder of the property, which has separate access, to be kept for future development.

Features

  • GeoProjects, the Town Planners to the project, confirmed that this can be done without having to lodge new Township / Environmental Applications by consolidating groups of large erven and then subdividing the consolidated erf into smaller erven.  
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Recoin Properties website is accurate and up to date, Recoin Properties 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

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