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R3,400,000

Monthly Bond Repayment R36,846.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,500
Monthly Rates
R3,000

REDUCED !!! DOUBLE VOLUME - 275 SQM - NEXT TO CITY LODGE

REDUCED!!! DOUBLE VOLUME - A great Investment currently enjoying the benefits of a corporate company lease with the option to extend for a further 4 years, and has a rental income of R25 000 p.m plus electricity & water. The property is fully furnished and has 2 Lounges plus laundry room, closet and enclosed balconies overlooking the Water features of the tree lined Piazza of Royal Palm Hotel.

Walk to all amenities at the vibrant and ever popular Gateway Theatre of Shoppertainment. Enjoy this safe building with Biometric access and 24hrs Monitored CCTV Cameras plus 24hrs manned security at walk in Reception plus at the Drive-in access.

Indeed a Safe and Secure Luxurious lock up and go lifestyle of convenience. Minutes to the International King Shaka Airport and Umhlanga Beach plus major malls, popular Schools and Universities.

This is an absolute bargain per sqm for this Best Location and also Best Investment.

This area enjoys phenomenal Growth in Properties.

Features

3
2.5
2
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
275m²
Extras
Double volume unit with ducted airconditioning: option to buy it fully furnished.

Umhlanga Ridge, Umhlanga

Umhlanga Rocks is a fashionable upmarket seaside resort just North of Durban on the east coast of Kwazulu Natal, and this region to Umdloti form the Sugar Coast. Umhlanga is in a spectacular location, central to a wealth of entertainment, sports, golf, shopping, movies, and nature trails. The locals refer to Umhlanga as "The Village" and the ambience is great with restaurants, coffee shops, sidewalk cafes, hotels...
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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

36,846.04

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