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Vacant Land For Sale In Cornubia

Located on the north coast of KwaZulu-Natal, Cornubia is a strategic landholding situated within the northern corridor of the region's commercial hub, Durban. It was officially launched in April 2014 and will cost around R25 Billion upon completion. It is a mixed-use development, comprising of residential, commercial and industrial sites. Cornubia is the first proposed sustainable and fully integrated human settlement in the region and has been declared a national priority project. It will be spread over 1 200 ha, with 80 ha earmarked for industrial development and the remainder for commercial, housing and other social and public facilities that include, schools, clinics, police stations, post offices and multi-purpose halls.

The CIBE precinct is located on the North-Western side of Cornubia. It is bounded in the east by existing overhead power lines and Ottawa Substation, in the north and west by the Ohlanga River and in the south by eThekwini Municipality's Phase 1B Housing Project. This zone is intended to provide, preserve and use land or buildings to enable the creation of a contemporary Industrial Business Estate which can accommodate a wide range of uses including warehousing, assembly, service and light industrial, distribution, logistics, showrooms, offices and retail set within a landscape environment.

The CIBE is located very close to a large concentration of residential areas where both semi - skilled and unskilled labour are within a 10km radius with easy access to public transport into the precinct.

Cornubia, Cornubia

One of the most prominent mixed-use developments to embrace the Durban landscape is the monumental, Cornubia. Launched in April 2014 by Tongaat Hulett Developments and the eThekwini Municipality, the R25 Billion project is located on the north coast of KZN, in close proximity to the Mount Edgecombe Country Club. Cornubia  sits just 7 km from the King Shaka International Airport and Dube Tradeport, and 17 km...
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Cornubia Industrial Business Estate attracting blue-chip companies
The monumental, Cornubia, is gradually taking shape and is currently witnessing an influx of blue-chip and multi-national companies flocking into its industrial market. This is according to Ryan Berry, Managing Director of Deal...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

13,353,900.17

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