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R33,000,000

3 Park Way, Umhlanga Ridge

Prime Development Site for Sale at 3 Park Way, Umhlanga Ridge, KwaZulu-Natal

Prime Development Site for Sale at 3 Park Way, Umhlanga Ridge, KwaZulu-Natal

Property Overview:
- Location: 3 Park Way, Umhlanga Ridge, KwaZulu-Natal
- Zoning: Mixed Use (Residential, Retail & Commercial)
- Price: R33 million

Key Features:
- Land Size: 4,831 sqm
- Bulk Size: 8,213 sqm
- Super Prime Location: Situated in the heart of Umhlanga Ridge, one of the most sought-after areas in KwaZulu-Natal.
- Versatile Zoning: The mixed-use zoning allows for a variety of development opportunities including residential, retail, and commercial projects.
- Investment Opportunity: Ideal for investors looking to capitalize on the high demand and premium location of Umhlanga Ridge.

Highlights:
- Strategic Location: Positioned on the corner of Park Way and Twilight Drive, providing excellent visibility and access.
- Development Potential: The substantial land and bulk size offer ample space for innovative and profitable developments.
- Proximity to Amenities: Close to major shopping centres, business hubs, and residential areas, enhancing the appeal for potential residents and businesses.
- Thriving Area: The site is amongst other great developments currently in the area, in the epicentre of the new town area, and within walking distance to all major amenities.
- High Demand: Office space in Umhlanga is currently in high demand, and residential units are in short supply.
- Economic Growth: The current infrastructure spend on roads in the KwaZulu-Natal region can only increase economic capacity in the region.

This development site at 3 Park Way, Umhlanga Ridge presents an exceptional investment opportunity in a super prime location. Contact us today for more information or to arrange a viewing.

We are a team of experienced, professional property practitioners focused within the Commercial and Industrial property sector of South Africa. We aim to create value for parties involved in any transaction. Our firm was founded on a culture of information-sharing, where the client's needs always come first.

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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

 

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Monthly Payment

463,964.97

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