TRANSFER DUTY PAYABLE
WATERLAKE FARM ECO ESTATE
SIZE: 996 sqm
This full title stand is situated in the middle of an estate and is more or less even. This stand has a right of way servitute on one side. Access to the stand from the street front is from the north.
This stand has fertile soil for gardening and may need a raft foundation. A geotechnical report is available.
Architectural guidelines are applicable in the estate. An architectural style is prescribed for houses in the Estate. The minimum size of house to be built is 300 sqm. Building plans must be approved by the HOA. Late building penalties are already implemented. A building package is available on the stand.
Normal bank lending criteria is applicable. You will need a 20 - 40 % deposit to secure the stand.
Services available on the stand are as follows:
Municipal water; sewer connection to the Estate’s private sewer plant; single phase electricity connection; private contractor refuse removal service is available.
This security estate has excellent security with 24/7 manned access control; electronic access control; roaming security guards and camera surveillance on perimeter fence with electrified perimeter fence around the Estate.
There are 257 stands in this Estate. The levy per month is R1 920 as on 27 June 2014 and property tax per month is approximately R100 per month per stand.
Type of Estate: Eco and Country Lifestyle Estate
Suggested farm house styles, Melrose style, Westminister style, Turenne Style, Apiesdoringdraai style is examples
Date when building must start: 3 years from first transfer to start and one year to complete building. Late building penalties are applicable on some of the stands.
Facilities in the Estate: Guardhouse and offices, 230 hectare farm with 22 hectare lake and 7 picnic sites, bird sanctuary, Equestrian, stables, farm buildings, squash court, 25 meter heated lap pool, gymnasium, tennis courts, roaming game, paths for hiking, cyc