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GALLERY

R499,000

Monthly Bond Repayment R5,407.70
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R670
Monthly Rates
R1,066

2 Bedroom apartment in the heart of Margate CBD

This recently refurbished unit on Marine Drive in the centre of Margate, is a block away from the beach and is situated in a commercial zoned area.

Offering two entrances and easy access from the secure, off-road parking area, this property has been converted from a day spa to a residential unit offering two bedrooms and a recently renovated bathroom with shower.

The balcony has been enclosed and can be used as a living area or extra bedroom, and the compact kitchen is tiled from floor to ceiling and has been fitted with new cupboards and counter tops.

With low levies and current tenants in place, this is an ideal investment opportunity with multiple income earning options.

Contact me to arrange a viewing today!

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
53m²
Land Size
3,034m²
 
  • 1
 

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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
 

LOAN AVAILABLE
R
%

Monthly Payment

R 

5,407.70

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