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R5,800,000

288 Old Howick Road

Monthly Bond Repayment R58,883.28
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R2,170

Calling All Developers!

An incredible opportunity awaits on this pristine 3-hectare piece of land perfectly positioned along Old Howick Road – a prime location with unbeatable potential.

Let your imagination run wild on this dream site that boasts breathtaking views – from magical sunrises to golden sunsets, with panoramic vistas stretching across Pietermaritzburg on one side and majestic mountain ranges on the other.
• Strong, free-flowing borehole – an essential resource already in place
Plans for 23 units, with 3 units already approved – ready to build
• Expansive grazing land – ideal for agricultural or lifestyle use
• Potential for an impressive main entrance to elevate the entire development

Whether you’re envisioning a residential estate, a private retreat, or a lifestyle development, this property ticks every box. With unbeatable views, solid infrastructure beginnings, and location on your side, this is a rare find ready to be transformed.

Don’t miss out on this extraordinary opportunity.

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty 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 Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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Monthly Payment

R 

58,883.28

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