Monthly Bond Repayment R28,720.60
Calculated over 20 years at 8.75% with no deposit.
Web Ref No 2934569
ONE OF THE FEW REMAINING PORTIONS OF SUBURBAN DEVELOPMENT LAND - ILLOVO GLEN
Invest in this 2.67 HA vacant land situated in the Kingsburgh area close to a key economic development node. This ideal location provides the savvy investor an opportunity to develop this agricultural zoned vacant site. The agent has to hand detailed architectural plans and comprehensive information relating to the owners previous plans. To develop 20 x units. The seller has already started the process of sub-division and this will be finalised once the potential purchaser can provide proof of funds, and this is at the sellers request.
Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. According to local legend, when the Zulu King, Shaka, led his army down the South Coast on a raid against the Pondos in 1828, he rested on the banks of a river. When drinking the water, he exclaimed “Kanti amanzi mtoti” (isiZulu: “So, the water is sweet”). The river came to be known as Amanzimtoti (“Sweet Waters”). The Zulu word for “sweet” is actually mnandi, but, as Shaka’s mother had the name Nandi, he invented the word to replace mnandi out of respect not to wear out her name. Locals frequently refer to the town as “Toti”
The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers and the annual sardine run attracts many to the Tyron Beaches.