R755,000
Monthly Bond Repayment R7,921.88
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
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.
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