Prime Investment Opportunity in a Sought-After Estate
Please note that banks generally require a minimum 40% deposit for bond approval on all vacant stands. Ensure your financing is in order before proceeding.
Property Features:
Size: 603m² of level land—perfect for immediate development
Ready to Build: Flat terrain makes it easy to start laying your foundation
Convenient Location: Within walking distance to local schools and essential amenities
Secure & Sought-After Estate: Ideal for family living or long-term investment
Opportunities like this are few and far between in White River. Don’t miss your chance to build your dream home or add to your property portfolio.
Contact us today to arrange a viewing!
TIP:
There’s often confusion between Transfer Duty and Transfer Fees, so here’s a quick breakdown to clarify:
Transfer Duty is a tax paid to SARS when purchasing a property. However, for properties valued between R0 and R1,100,000, no transfer duty is payable—this is a tax exemption for properties in that price range.
Transfer Fees, on the other hand, are legal fees charged by the conveyancing attorneys who handle the registration of the property in your name. These fees are still payable regardless of whether Transfer Duty applies.
If you're taking out a bond (home loan) to finance the property, then an additional fee called the Bond Registration Fee will be payable. This is handled by a separate attorney known as the Bond Attorney.
So in most financed property transactions, there are two sets of attorneys:
The Conveyancing Attorney – registers the property in your name.
The Bond Attorney – registers the bond in favour of the bank.