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Standard Bank Kingsmead

Contract
Price R266,000,000
Size 14,730m²

Standard Bank

NEW REGIONAL HEAD OFFICE FOR STANDARD BANK
The commercial property development, situated next to the Kingsmead cricket grounds in Durban, accommodates most of the bank`s business units that were based in several buildings in the greater Durban area.

The three-storey Standard Bank Head Offices building will accommodate about 950 staff members and comprises 14 731 sqm of office space. In addition to the main office building, there are separate two-storey Standard Bank branch.

Construction of the office complex started in September 2005 and was completed in October 2006.

SERVICES AND OUTCOME
Key Projects are the advisers of the architect, Elphick Proome Architects, with regards to all contractual and programming issues on this commercial property development.

The project was constructed in 13 months with the
client benefited from an uncompromising focus on programme to ensure timely delivery to meet their lease constraints.

The team overcame worse than anticipated challenging soil conditions below sea level, it was due to detailed programming that solutions were sort to ensure timely completion.

`Key Projects input with respect to programme and contractual aspects on the SBSA project were invaluable in realising a successful high grade corporate building` George Elphick - Elphick Proome Architects

2008 KZN MBA Building Excellence Award - Supreme Excellence

 
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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

 

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