For the 2018/2019 financial year the Sectional title levies range from R3’720 to R4’620 per month and Developed Freehold properties range from R3’256 to R4’630 per month. In addition to these there is a Capital Levy of R150 and also a “basic fee” for the provision of water and electricity of about R180 and R126 respectively per month, consumption being separately metered.
The freehold vacant stand levy is currently discounted down to R1’517 per month. This discount may be phased out at the discretion of the Board. There is no time limit to develop the stand but once the development starts it should be complete within 7 months.