2 644 m² Land available in Palm Lakes Estate

Lands for Sale Sugar Ridge, Palm Lakes Estate

Sugar Ridge is across the residential sector of Palm Lakes.

Sectional title development whereby opportunities start from 5 61 opportunities i.e. a purchaser can build the no. of opportunities they have purchased as stipulated on the attachment (Available Land).

Once the land is transferred onto your name there is no time line to start building.

You do not have to build for e.g. all 5 units within a certain time-line.

Once you have commenced building your 1st unit you will have 13 months to complete.

Levies increase on an annual basis by a percentage agreed upon at the annual HOA AGM.

Once Occupation is taken then you are liable for Levies per opportunity.

You can have a varied form of build e.g. Simplexes duplexes.

Note well there is a huge demand for developed properties under R3million .

Rentals from R18000.00 R20 000.00.

The other OPTION is whereby a purchaser can build 1 home .

iLembe bulk meter at R20 000.00 / development site.

Electrical mini- sub to be installed by Purchasers electrical Contribution . R10 000.00/ opportunity payable to RPPH.