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4,226m² Vacant Land For Sale in Zimbali Lakes Resort

R7,500,000

665 Ridge Road

Monthly Bond Repayment R78,694.20
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL1483

Exquisite 9 unit development site at a magnificent price

This exquisite 4 226 sqm planned unit development site within the brand new Zimbali Lakes Resort is not to be missed. It is a gorgeous elevated site with magnificent views over the 15th and 9th fairways and it borders a green belt. At this unbelievable price, a purchaser will pay around R720 000 plus VAT per investment opportunity. The purchase price is VAT inclusive with No Transfer Duty Payable.

The site is earmarked to fit 9 sectional title townhouses and is very easily accessible from the main entrance. The site is also in close proximity to walkways and estate facilities. The vision of Zimbali Lakes is to optimize the natural splendor of the surrounding landscapes with sweeping views of the forest, fairways, lakes, and dams.

The municipal zoning for the site is: Freely permitted uses Residential Dwelling House – medium density housing (ROMD 3) and in terms of the Kwadukuza Local Municipality Scheme is subject to the following controls:

Permitted nr of units: 9
FAR (Floor Area Ratio) of 0,45
Coverage: 30%
Height: 2 Storeys
Front Setback Line: 7,5m
Side and rear Setback Line: 4,5m
Freely permitted uses Residential Dwelling House – medium density housing

Zimbali Lakes Resort stretches over 300 hectares of breath-taking landscape and the development offers a new minimalist and contemporary approach to the traditional Zimbali look. The pet-friendly Zimbali Lakes Resort is a stylishly curated assembly of some of the finest and most desirable amenities seen within a gated estate. Developments within the resort are to include an 18-hole golf course, the Beach Club, Ocean Club, The Boulevard, The Ridge, Water Club, and Sports Club and will feature a commercial section resembling the V&A Waterfront. At Zimbali Lakes, residents enjoy peace of mind, freedom, and all-around natural beauty within a gated community protected by 24-hour state-of-the-art security. With the construction of Phase 1 completed and Phase 2 ready for transfer, this is the perfect time to invest. Call me today to set up a site viewing.

Features

Land Size 4,226m²
Monthly Rates R11,633.00
Monthly Levy R3,200.00

On Show

Date Tuesday, 03 December 2024
Time 14:00 to 17:00

Take the M4 from Ballito towards Zimbali. Turn right at the 2nd traffic circle on the M4. Zimbali Lakes Resort’s SALES CENTRE is on the right-hand side of the road. Press the busser at the gate into the SALES CENTRE and Fransie will meet you at reception.

Agent Contact Details

Fransie Pienaar
Zimbali Estate Agency

Cell 0823383037
Office (032) 538 1205
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