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R585,000

Monthly Bond Repayment R6,339.69
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,500

Share Block Unit / Sole Mandate

Club Marina is a well-maintained and picturesque share block development located in the tranquil town of Ifafa, South Africa. The complex is designed to provide a comfortable living space for residents in a communal setting.
The two-bedroom units within the share block are ideal for small families, couples, or individuals seeking a cozy living space. These units are thoughtfully designed to maximize functionality and comfort. Each unit typically consists of two bedrooms, allowing for privacy and personal space, along with a shared bathroom.

This unit is spacious and is ready for occupation. The gorgeous tiles and laminated flooring bring the unit to life. The outside stoep can be enjoyed with family and friends, on those long summer days. Overlooking the mountain, you get breath taking views. The massive carport can house two cars, so parking is not an issue.

The bedrooms are typically spacious enough to accommodate essential furniture like beds, wardrobes, and additional storage units. The living areas are designed with a focus on open-plan layouts, ensuring a seamless flow between the living room, dining area, and kitchen. This design allows for a more inclusive and social living experience.

The shared bathroom is equipped with essential amenities, including a bason, toilet, and shower. It is designed to cater to the needs of the residents efficiently.

As a share block arrangement, the residents of Club Marina jointly own the complex and its facilities.

This type of ownership allows for shared responsibilities and costs associated with the maintenance and management of the development. The residents often contribute to a homeowners' association or body corporate, which oversees the upkeep of the common areas, security, and other shared services.

The complex itself may offer a range of amenities, such as communal gardens, swimming pools, barbecue areas, and recreational facilities. These shared spaces provide opportunities for residents to socialize, relax, and enjoy the pleasant surroundings.

Club Marina in Ifafa, South Africa, with its two-bedroom and one-bathroom units within a share block setup, offers an inviting and communal living experience, while also providing the privacy and comfort of a dedicated living space.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
80m²
 
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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

6,339.69

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