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R755,000

Monthly Bond Repayment R7,921.88
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R470

New Mimosa Village Development in Fairview/Overbaakens

The New Mimosa Village development in Fairview/Overbaakens has plenty to offer any young family looking to buy a home of their very own.
The development has been designed to emulate a secure community/village environment, and is expected to break ground July 2023 with 256 units expected on completion of the project,
The standard sized unit is 56sqm and with a number of units designed and finished to accommodate buyers applying for financing through the Financed Linked Individual Subsidy Programme.(FLISP)
Flisp is a government subsidy programme aimed at assisting first-time home buyers to purchasing a home.
Qualifying criteria for FLISP are as follows:Your gross householdincome is between R3,501 and R22,000 per monthYou are aSouth African citizenor have a permanent residency permit.You areover 18 yearsand competent to contract.You are married or cohabiting OR single with financial dependents.You haven’t received a government housing subsidy before.You haven’t owned fixed residential property before.
All FLISP application can be handled in house to ensure a quick and seamless process.
All FLISP units are ground floor units and vary in spec from the standard units.
The kitchen will be equipped with sink and cupboard only with an option for further cupboards at an additional cost.
Just off the kitchen is the main bedroom and guest room. Both the main and guest bedrooms have an option to install white melamine built in cupboards at an additional cost.
The bathroom features both floor and wall tilling and will be equipped with sink, toilet and shower with glass shower screen/door. A solar geyser will help keep the water both warm and electricity bill down while a pre-paid electricity meter is installed for convenience.
The exterior of the units will be face brick and have white aluminium doors, windows and sliding door installed into the units and will include a small garden enclosed by a 1.2-meter re-enforced palisade fences.
The complex plans to incorporate a greenzone/park area for residents to take advantage of on fair-weather days, re-enforcing the community feel and lifestyle.
All roadways in the complex utilize cement pavers, and an individual parking will be assigned to each unit, while provision will be made for secure guest parking as well.
Much thought has been given to the security of this complex with a 1.8 meter high re-enforced perimeter wall equipped with electric fence. Access will be controlled by remote controlled entrance and exit gates, with CCTV cameras at access points and back up power supply in the event of power disruption.
The Development is located close to key amenities like, Brylan School, Fairview Sports Centre and Moffett Retail Park ensuring you never have to venture far from home for essentials.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Sizes
Floor Size
56m²
Extras
Pets Not Allowed • Near Schools • Near Public Transportation • Safe Location
 
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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:

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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

7,921.88

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