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R7,999,000

Monthly Bond Repayment R86,685.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

INCREDIBLE BUSINESS / INVESTMENT OPPORTUNITY

An excellent investment and best location. This property is the perfect income generator or ideal for an extended family - sold fully furnished and equipped.

It consists of 2 two-bedroom units, a bachelor unit, an impressive 3 bedroom penthouse as well as a 2 bedroom free-standing ground floor simplex. All are tastefully furnished and fitted with top-class finishes.

The penthouse unit is spacious, bright, and airy and the beach and breaker views ..... breathtaking. The bedrooms all have their own bathrooms - the main bedroom boasts a walk-in closet. The gourmet kitchen features a SMEG stove, fitted cupboards, granite tops, and a large pantry. The sunsets from the kitchen windows are spectacular.

The two 2-bedroom units (all en-suite) are on the 2nd floor and the large living areas lead out to a communal entertainment area overlooking the sea.

The ground floor bachelor unit is spacious with a fitted kitchen and shower en-suite bathroom. It looks out over the garden and the outside patio.

The free-standing 2 bedroom simplex completes this amazing property and is set away from the main building for privacy.

The property is fully walled and secured and offers level, secure parking for at least 7 cars with garaging (automated) for 3 vehicles. The laundry is tucked away on the side of the building.

The splash pool is ideal to cool off on those hot summer days and the entertainment area boasts a built-in braai and pizza oven.

Features

10
9
3
Interior
Bedrooms
10
Bathrooms
9
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
3
Carports / Parkings
10
Security
Yes
Flatlet
5
Pool
Yes
Sizes
Land Size
1,275m²

Amanzimtoti, Amanzimtoti

Place of sweet waters The naming of Amanzimtoti is generally attributed to the renowned Zulu King Shaka, who stopped here in 1828 with his army during one of their campaigns. Legend has it that after being given water to drink from the local river, he remarked ‘kanti amanzi mtoti’ (so the water is sweet), thereby giving the river, and the town that later developed around it, the name of...
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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

86,685.73

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