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R1,649,990

Monthly Bond Repayment R17,595.98
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Emerald Valley Kindlewood Estate 618sqm

28 plots in Phase 1
64 plots in Phase 2
1 Development opportunity allowing 53 units
FACILITIES:
24-Hour security
Gated estate
Community clubhouse
Gym
Tennis courts
Pool
Pizza oven and braai area
Cricket net
Kids play areas
Outdoor chess
Sports court
Dog-friendly
Nature trails and walking paths
Fishing dams
Established Home Owners Association

AREA AMENITIES:
Reddam House Umhlanga
Crawford International
Gateway Theatre of Shopping
Flanders Mall
Kwik Spar
Umhlanga Promenade & Beach
Umhlanga Village
PRICING FOR RESIDENTIAL STANDS: Starting from R1,600,000

LEVY STABILISATION FUND: R20,000 (Payable to Kindlewood Estate)

CONSTRUCTION START: Anticipated to be 3rd quarter of 2024

ESTIMATED TRANSFER DATE: 18 months after construction commencement

DISCLAIMER:
Information in the Fact Sheet is subject to change at the discretion of the Developer without prior notice.

Is Emerald Valley within a gated estate?
Emerald Valley is a new development within the gated Kindlewood Estate. An established and well-run and well-operated estate in the Mount Edgecombe area. Emerald Valley offers the final remaining land sites within Kindlewood Estate.
Where are the nearest shops, hospital, business and education nodes in the area?
Flanders Mall, Cornubia Mall and Gateway Theatre of Shopping are on your doorstep. Netcare Umhlanga Hospital and Busamed Gateway Hospital are less than 10km away. This node is renowned for business hubs scattered close by within Mount Edgecombe through to Umhlanga.

What security measures are in place?
Kindlewood Estate has an extensive and well-established security presence, with secure, manned 24-hour Gatehouses, face-recognition biometric access and CCTV monitoring. Kindlewood Estate offers two gatehouses for ease of access.

Who is responsible for electricity, water and property rate payments within the residential component?
As these sites are single residential stands, the levy is paid to the Kindlewood HOA while rates and water are paid to the local municipality (eTM).

Will there be any onsite management services?
The Kindlewood Estate is successfully managed by a team of staff, appointed by Directors and falling under the Estate Manager, who ensures the smooth running of the estate. This includes security, landscaping, common property (such as community clubhouses) and even a social committee that takes care of estate events.

Are pets allowed?
Yes, Emerald Valley is a pet-friendly estate allowing up to 2 dogs and 2 cats. There are dedicated dog-friendly walking paths throughout Kindlewood Estate that offer kilometers of tail-wagging fun through wetlands, forests, and dams.

Can I use my own architect for the design of my home?
Yes, you can appoint your own architect. You have the freedom to appoint your own NHBRC registered builder. All homes designed at Kindlewood need to follow the design guidelines as set out by the Architectural Design Review Panel for Kindlewood Estate.

As an owner, will I have access to all the facilities?
Yes, you will have full access to all Kindlewood facilities, from the padel courts to the clubhouse and swimming pool.

Where can my guests park?
Parking provisions for guests will need to be accommodated in your home design, on your own erven.

Can I reserve a plot?
Due to high demand, plots are sold on a first-come first-serve basis and reservation arent allowed.

Am I allowed to install solar?
Yes, you are encouraged to install solar, the aesthetics of which are dealt with in the Architectural Design Manual.

PAYMENT TERMS
The developments designated conveyancers are Lester Hall Fletcher Inc and Van Onselen Attorneys.
All amounts paid are held in the attorney's trust account, pending transfer.
An initial reservation 10% deposit (incl. VAT) is payable to secure the reservation of each site.
Thereafter, the balance of the purchase price is to be secured either by way of a bond, granted from an approved financial institution within 30 days, or a guarantee issued from a registered South African commercial bank within 7 days of request by the conveyancer.Alternatively, the funds may be deposited into the conveyancer's trust account, within 7 days from request, which shall be invested in an interest-bearing account, all interest accrued will be to your benefit.

It is advisable that pre-approved finance is confirmed.

Kindly ensure that you have read and fully understand the terms and conditions prior to the launch and subsequent signing hereof.

CONSUMER PROTECTION ACT

Emerald Valleys terms are fully compliant with the South African Consumer Protection Act.

Contact me to arrange suitable viewing.

 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

 

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Monthly Payment

17,595.98

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