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R3,175,000

Monthly Bond Repayment R33,859.14
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,400
Monthly Rates
R1,935

Come home to Lalela Estate - Buy your dream home direct from the developer, no transfer fees

This development offers an array of features perfect for family living and presents an excellent opportunity for a secure estate to call home or as a long-term lease investment.

Listen to the rustling of the trees in the stillness of the morning as the sunlight glows over a cul-de-sac community of the most beautiful freestanding residential offerings in Sheffield. A new lifestyle awaits in Lalela Estate, one that is carefree and filled with family activities, from games of tennis at the clubhouse to spur-of-the-moment walks to neighbours or along nature trails.

With each home situated along a private cul-de-sac in your own neighbourhood, you will have ample space for family life. Your single-storey home will reflect your unique style and inspire community-connected living. Custom-design the number of bedrooms you need: this is your home to lay out the plans for a higher quality of life. Spend afternoons quietly relaxing outside, potter in your private garden, watch as the dogs enjoy dozing in the afternoon sun, and have a front row seat to unprecedented sunset views.

Construction is set to commence this quarter and is expected to be completed by July next year. The price range for the properties varies from R2,780,000 to R3,175,000, depending on the type of house and the additional features you choose. Enclosed, you will find a schedule outlining the currently available options.

To secure a property, a reservation fee of R50,000 needs to be paid within two days of signing the sales agreement. This amount will be deducted from your deposit. Following that, you will have 45 days to arrange finance through bond approval or a bank guarantee. The bond repayments are staggered throughout the build process, with the initial payment covering the land portion, followed by five build drawdowns as your house reaches completion. Additionally, a levy of R1400 will commence once your land transfers, and there are no transfer fees.

Should you have any questions, do not hesitate to reach out to me.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Exterior
Garages
2
Sizes
Floor Size
164m²
Land Size
300m²

Sheffield Beach, Ballito

Sheffield Beach, situated just north of Salt Rock and a short drive from Ballito, is a picturesque coastal gem. The beach boasts sheltered coves and captivating rock pools, perfect for little ones to explore and collect shells while marvelling at sea anemones. This area is celebrated as one of the prime fishing and diving spots on the Dolphin Coast. Snorkelling is a popular pastime, and you can easily identify...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

33,859.14

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