1.8 ha Land available in Pezula Private Estate

R 5 500 000

Samantha Osman

Lew Geffen Sotheby’s International Realty-Leisure Island Knysna

Alex Vincent

Lew Geffen Sotheby’s International Realty-Leisure Island Knysna

1.8 ha Land available in Pezula Private Estate

R 5 500 000

Land Area 1.8 ha Rates R 3200 Levy R 5067

Wonderful coastal property with inspiring ocean views 17700 m covered with fynbos with a gentle slope. Located on the south west portion of the Private Estate with views across the Pezula Signature 14th hole to the cove, Must be walked on to be fully appreciated. Rates including water and electricity availability (no charges) are R3'200 per month. So add this to HOA levies and our monthly costs have been since September 2003 around R6000 or R70'000 per year. Over 8 years that adds up to more than R500'000! Our price excludes VAT although it was included by the developer, when we bought it. Our accountants say that the unit itself either attracts VAT or transfer duty (not both) depending upon the VAT status of any possible buyer. We are NOT VAT registered - but if a buyer was VAT registered, then the correct way to phrase this fact would be to include the words plus VAT if any or plus VAT at 0% after the price.

If a buyer was not VAT registered then he/she/or a company would normally have to pay 8% transfer duty.

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Samantha Osman

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Osman

Alex Vincent

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Nestled between the Knysna estuary, the Indian Ocean and a vast indigenous forest, this town is full of natural beauty. With three magnificent golf courses, it is a haven for golfers. The waterfront is a popular tourist destination for great food and shopping. Known for its oysters, this town has festivals and events for all kinds of interests. An ideal holiday destination or retirement place, experience tranquility and a safe, small-town life.

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1.8 ha Land available in Pezula Private Estate

R 5 500 000

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