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An Exceptional Opportunity for Residential Development in Mbombela

An Exceptional Opportunity for Residential Development in Mbombela
This is a rare chance to begin a residential development project just outside Mbombela, with much of the initial groundwork already completed. The property spans 9.4 hectares and is located roughly 2 km outside the city, offering an ideal setting for a new township.
Key features include:
• Environmental Impact Assessment (EIA): A comprehensive assessment has been conducted, with findings documented in a Scoping Report. The study confirms there are no significant environmental risks that cannot be effectively managed with proper mitigation and monitoring measures.
• Development Potential: The property has the potential to be subdivided into between 112 and 185 individual stands, depending on stand sizes. A Record of Decision (ROD) issued in 2007 by the Department of Agriculture & Land Administration approved the subdivision of 112 stands, with flexibility for adjustments.
• Valuation: A professional valuation in 2016 by Lowveld Valuations (Pty) Ltd placed the property's value at R11,400,000.
• Restitution Certification: A certificate from the Commission on Restitution of Land Rights (Commissioner of Land Claims) is available upon request, confirming that this property is not subject to any land restitution claims.
The property benefits from thorough specialist investigations, compliance with South African Bureau of Standards (SABS) codes, and previous approvals by all relevant authorities. While some permissions will require renewal, the process is expected to be straightforward with the assistance of an experienced town planner.
This is an excellent opportunity to meet Mbombela’s growing demand for residential housing, backed by a well-documented and environmentally sound foundation.


FOR MORE INFO CALL JAN PIENAAR AT KELLAPRINCE PROPERTIES TODAY
This agent holds a valid FFC with the PPRA

Features

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Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
9m²
Land Size
9Ha

Nelspruit Rural, Nelspruit

Nelspruit (CBD and All Major Extensions) Central Nelspruit is the original part of town and close to the CBD. Many of the large old properties have been granted business rights and converted for office or commercial use. There are some untouched gems in this area for the enthusiastic home flipper or property developer: large family homes sporting original features, set in wild, untamed gardens. Its wide streets...
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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

136,385.57

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