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R3,500,000

Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,735

10 Bed beach house across the road from the Sea

Whether you are seeking a private holiday home for the whole family or a b & b investment opportunity, this property is a must see. Situated in an admiralty area with luscious forest like surroundings is an escape from the maddening crowd.

It is a split-level home with 8 bedrooms, all with en-suite bathrooms with showers, and one bedroom adjacent to a bathroom with bath.

The spacious open plan living area has a very cozy tv area and courtyard type, open plan layout with dining and games areas with pool table and tennis table, etc.

The kitchen is fully fitted and equipped with granite tops, all necessary appliances with separate scullery and laundry. There is a under cover built in braai and pub at the entrance to the home overlooking the fenced and sparkling pool.

There are three bedrooms with en-suite bathrooms at ground level and three bedrooms situated on the first level. Up the steps to the next level brings you to a wooden pub area overlooking the property, the admiralty, and the ocean. There are two bedrooms with en-suite bathrooms with shower.

The two-bedroom 1 bathroom flat with open kitchen, dining and lounge area has a separate entrance. At the back of the property is the wooden 1-bedroom 1 bathroom cottage.

Additional features include 2 x 5000 litre tanks with pump, an electric fence, and an automated gate.

This property is situated next door to a very convenient superette for bread and milk, a laundry and a licensed pub and grill.

Blue flag beaches within a few kms makes this a perfect opportunity for a b & b, family get-togethers or entertaining friends.

Situated very central between Margate and Port Edward, this unique property has a lot to offer.

Features

10
9
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9
Kitchens
2
Reception Rooms
4
Furnished
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
500m²
Land Size
1,641m²
 
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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

37,929.75

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