Asking price R4 500 000
If you’re looking for a larger piece of land, Portion 34 offers 17,7839 hectares. Come and explore the property in person to get a sense of its size and layout. Electricity poles are visible in the area, with the connection status to be confirmed.
Transfer duty. Where the sale is subject to VAT because the seller is selling the property as part of their VAT-registered business, no transfer duty is payable on the sale.
Purchase price. The advertised prices for Portions 33 and 34 include 15% VAT on the land. The sale agreement should clearly state how VAT is included in the purchase price.
VAT-registered buyers. A VAT-registered buyer may be able to claim the VAT as an input tax deduction to the extent that the property is used to make taxable supplies. The claim is subject to SARS requirements, including holding a valid tax invoice.
Contact Faith for more information or to arrange a viewing.