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R2,900,000

Monthly Bond Repayment R31,427.50
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,833

UMTENTWENI PRIME VACANT LAND FOR DEVELOPMENT

Updated 6 May 2024

Discover the potential of this sprawling 8-hectare canvas nestled in the heart of Umtentweni, beckoning visionary developers to shape its future. Strategically positioned near the vibrant pulse of Umtentweni shopping center and the allure of Umtentweni beach, this parcel of land offers unmatched convenience and accessibility, just a stone's throw from the highway.

Bush and Trees
The entire property is under natural bush and trees
Superb Location Close to the heart of Tweni town, and with close access to the main highway as well as bordering the old main road. The property is 2 km from the Tweni beach.

About the Land
This stunning parcel of land has one boarder of residential houses (600m). The rest of the property is boarded by a side road and the old main road. It is easily accessible and close to amenities.

This stunning property is perfectly positioned for prosperity and success by meeting the market’s needs. From Umtentweni to Southbroom, the coast has been blossoming with investments from both younger families and retirees alike. Local “semigration” has seen permanent residents on the rise.
Zoning regulations : Residential 2: - For Ray Nkonyeni Municipality this allows for 6 units per hectare to be built. Calculated on 9 Hectares allows the development of 52 medium density housing units. Zoning information provided is Subject to Ray Nknoyeni Municipality Zoning Regulations as per the general information extract hereunder:

Residential Zoning 2 classification for properties in the Ray Nkonyeni Municipality. Zoning regulations can vary significantly between different municipalities and regions, and they are subject to change over time.

Real and Proper T will facilitate engagement with the Municipality to obtain all the up to date regulations.

Rarely does such a prized location become available for acquisition. Embrace the synergy of neighboring amenities, from the retail therapy of Tweni Pharmacy and Tweni Spar Centre to the tranquil shores of Tweni Beach, complete with its iconic 'granny pool' cherished by locals and tourists alike.

For a closer look at this investment opportunity, reach out to Real and Proper T. Led by Gail Mortimer, an intern agent renowned for her dedication and expertise, Real and Proper T is committed to guiding property owners and buyers towards their own slice of paradise. Elevate your development aspirations with us today.

In the news

Things to do this weekend.
Do this on your next holiday... If you're looking for an unforgettable experience during your stay on the coast, I highly recommend indulging in a family sundowner cruise with the Umzimkulu Riverboat Cruises from Spillers...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Real and Proper T website is accurate and up to date, Real and Proper T 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

31,427.50

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