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R3,750,000

Erf 11 Coral Tree Place

Monthly Bond Repayment R39,991.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,217.6
Monthly Rates
R3,534.4

REMARKABLE SITE WITH APPROVED PLANS IN SIMBITHI ECO ESTATE

Don't hesitate to view this freestanding plot, which is gently sloped and positioned in a peaceful cul-de-sac, conveniently located close to the South Gate entrance. The property comes complete with approved plans for a truly stunning, 3 bedroom modern architecturally designed home of approximately 400 sqm. The design of the home allows for the additional add-on of a 4th bedroom or perhaps your own home office. Embrace the authentic Simbithi lifestyle, which offers a unique blend of luxury, nature, and community.

Simbithi Estate has pockets of unrestrained, beauty interspersed with 29 dams, which are stocked with a variety of fish, five walking, running, and mountain biking trails, children's play facilities, and swimming pools.

When Simbithi was conceptualized in 2003, ‘home’ was at the heart. Today, the 430-hectare estate embodies the ideology that ‘home’ is not just a location; ‘home’ is a feeling. In its 19 years of existence, Simbithi has become a unique, eco-friendly residential community that co-exists harmoniously with wildlife and nature. A world-class Golf Course, thriving Community Centres, and a family-oriented restaurant make Simbithi the estate of choice for families in KwaZulu-Natal.

Simbithi Country Club incorporates a selection of eateries, wedding and conference venues, and the unparalleled 18-hole Executive Golf Course. Also located at the Country Club is the Simbithi Office Park, managed by the Simbithi Commercial Zone Management Association. The jewel of the Simbithi Country Club is undoubtedly the magnificent 18-hole golf course, designed by Peter Matkovich. Thoughtfully placed greens with a well-struck shot, pristine fairways, and a layout allowing you to play every club in your bag. South Africa’s first executive course, Simbithi has a par of 60 comprising par-3s, par-4s, and one par 5. Each hole is intriguingly named after the area it occupied when Simbithi was once farmland.

Simbithi currently offers 730 sectional title properties and 1,035 freehold properties, a total of 1,765 residential properties. The current median price is provided as R5,050,000. Simbithi is a vibrant property market with R848,65m in sales transactions recorded in 2021 across 168 sales.

Simbithi Eco Estate, Ballito

The town of Ballito was established in the early 1960's starting out as a seaside getaway for fishing holidays. Since then Ballito has grown into a thriving town with major retail outlets and a range of both permanent and holiday vacation properties.  The 2.5 km Ballito Promenade is one of the greatest tourist draws of the Ballito stretching from Willard Beach to Salmon Bay. Located along this promenade is a...
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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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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

39,991.11

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