There is no restriction or time limit forcing an owner to develop the stand. The discount of the levy for a vacant stand falls away once the site is handed over to the Contractor for the development of the stand.
For Sectional Title units the levy includes both the Estate operating costs and the Sectional Title Scheme costs inclusive of maintenance and insurance of the Sectional Title Scheme buildings. For freehold units the levy includes the Estate operating costs and [...]
For the 2021/2022 financial year the Sectional title levies range from R3300 to R5000 per month; Freehold developed properties levies are R2650.00 per month. A fixed water service fee of R189.90 is charged (as levied by the municipality) plus water [...]
The Estate has both Sectional Title and Freehold property opportunities. The Sectional Title Schemes offer private ownership in Montego Bay and Tortuga where Montego Bay is the more contemporary style of the 1990’s and Tortuga more modern being constructed circa [...]