R4,000,000
R4,000,000
Monthly Bond Repayment R41,287.54
Calculated over 20 years at 11% with no deposit.
Change Assumptions
LADYWOOD DEVELOPMENT
The properties are situated in the Ladywood area which is an extension of the Wider Bitou municipality. The whole Ladywood has been identified as a future township development area and has been incorporated within the urban edge on the spatial development framework of the municipality. Therefore it can be accepted with confidence that the properties concerned are earmarked for future urban-related development.
Portion 23 and 26 of the farm 438 are still zoned for agricultural purposes but they are not subject to the provisions of the subdivision of agricultural land Act 1970 (Act 70 of 1970) and they are therefore not deemed to be agricultural land. The result is that it will not be necessary to obtain the prior approval of the National or Provincial Department of Agriculture before the land areas can be released for Township development.
The properties are fairly flat and in close proximity to the Plettenberg Bay CBD.
Do not miss out on this Golden opportunity.
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