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PRIME DEVELOPMENT LAND OPPORTUNITY AVAILABLE WITHIN WALKING DISTANCE OF THE MPUMALANGA UNIVERSITY

Riverside Extension 30 is an approved township, measuring ± 54 hectares in extent. The property is located within walking distance of the University of Mpumalanga, thus a prime site for the development of student accommodation.

Land use rights approved are for residential, student accommodation or commercial opportunities.

Riverside Park Ext 30 is an approved township, however it is not yet proclaimed. The land is therefore still agricultural.

The property is well-positioned, both in proximity to the university, as well as being part of the Riverside Park City Improvement District, a managed precinct.

Reasons to invest in the city of Mbombela:
• A fast-paced developing city, Mbombela is the capital city of Mpumalanga, one of South Africa's nine provinces.
• Mbombela is home to the provincial legislature, the University of Mpumalanga and Mpumalanga High Court.
• Mbombela is located on the Maputo Corridor. a major trade corridor connecting the Gauteng, Limpopo and Mpumalanga provinces of South Africa with Maputo, the capital of Mozambique and a key port.
• Mbombela is the highest GDP contributor to Mpumalanga's economy.
• Gateway to the Kruger National Park and Lowveld bush reserves that attract international visitors.
• Mbombela has an international airport - the Kruger Mpumalanga International Airport.

Contact Kellaprince Properties to unlock this prime land with diverse potential. We would like to discuss land options with you.

Riverside Park, Nelspruit

Riverside Park To the north of Nelspruit, on the way to White River, lies Riverside Park, a pristine City Improvement District (CID). Immaculately maintained and secured, it is the city's retail hub and offers its residents shopping, working, living and playing, all in the same area. Incorporating Riverside Mall, The Grove Shopping Centre, the government complex and the Lowveld National Botanical Garden, it...
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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

347,922.37

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