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R860,000

Monthly Bond Repayment R9,319.88
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,900
Monthly Rates
R986
Fly to Margate!

Ground floor apartment in beachfront complex

If you are looking for a holiday home at the beach, or want to move to a peaceful village on the KZN south coast, then this ground floor apartment in a well-managed complex with direct beach access, is a must on your viewing list.

Offering two bedrooms with built-in cupboards, and an open plan living area with modern granite kitchen, this unit has a small private garden close to the laundry and other complex facilities.

Listen to the sounds of the ocean from the patio, and enjoy a braai at the communal pool area with HEATED swimming pool.
A resident’s gate offers secure access to the main Ramsgate swimming beach, and the complex is steps away from the Blue Lagoon restaurant and the legendary Waffle House.

The complex offers excellent security with 24-hour manned access control, and there is a covered carport for your vehicle.
A full-time caretaker and an on-site laundry makes this property an excellent holiday letting income generator.
Contact me to book an appointment to view.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
70m²
Land Size
1,270m²

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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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

 

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Monthly Payment

9,319.88

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