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R12,000,000

R12MIL DEVELOPMENT SITE - HOWICK

25ha vacant land accessed off the R103 and the P142. 3km out of Howick, on tar roads.

Situated on both sides of a water course, with many access points. RoD for 51 residential units and a 20 000m2 retail Centre.

Commercial zoning will be for Medium Impact Mixed Use 1, meaning “clean” commercial uses.
The residential zoning is Residential Only High Density 1, so density will be based on floor area, not units per hectare. This would be ideal for flats and simplexes, or a seniors’ Centre.

The site is excellent for the development of further residential units after Phases 1 and 2, self storage, line shops, mini factories and other commercial uses.

Eskom on site, not yet connected. 1 borehole drilled and sleeved, no pump.

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Land Size
25Ha

Tweedie, Howick

Howick Howick is a town located in the uMgungundlovu District of KwaZulu-Natal Province, South Africa. The town is 1050 m above sea level, and about 88 kilometres from the port city of Durban. It enjoys warm summers and cool dry winters. A snappy chill descends upon Howick when snow falls on the nearby Drakensberg. The town is located on the N3 freeway, connecting it with the rest of South Africa. Howick is in...
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HOORAY FOR HOWICK!
In the picture: A "yee-ha!" moment for sisters Pippa Griffin (right) and Liane Aadnesgaard, co-principals of Dormehl Phalane Howick. It was named Franchise of the Year at the property group's cowboy-themed national awards...
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

170,435.35

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