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R490,000

Monthly Bond Repayment R4,728.61
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R600
Monthly Rates
R400

LOVELY 2 BEDROOM UNIT IN WELL KNOWN EMPANGENI UP FOR GRABS!

Ideally situated in the popular town of Empangeni lies this open plan spacious 2 bedroom apartment ideal for first time buyer or investor seeker.

Empangeni, a town about 160 km from Durban on the R34 just off the N2, is positioned in the hilly countryside of the Uthungulu district. The area around Empangeni brings to mind sugarcane plantations and hot, sticky, languid days. It is only 15 km away from Richards Bay on the coast and these two towns, together with Esikhawini, Vulindlela, Felixton, Nseleni and Ngwelezane make up the City of uMhlathuze.

The town is a centre for sugar, cotton, cattle and timber and despite its development into a modern town, it has retained its small town charm and locals are hospitable in true Zululand style. The temperatures here rise to as high as 45° Celsius and combined with the notorious humidity of the region, necessitate the purchase of sunscreen.

The subtropical climate does make it a perfect all year round destination.
The Enseleni Nature Reserve is about 13 km north of Empangeni and offers a 7km hiking trail in amongst the local animal life, mostly zebra and impala, and a number of picnic spots. Empangeni’s museum is worth a visit to track the history of early sugar pioneers and local Zulu cultural and contemporary art displays.

There is also the impressive 18-hole Empangeni Golf Course for golf enthusiasts. Empangeni forms the gateway to the reserves of Hluhluwe and Umfolozi and is a good stopover before venturing further a field.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
No
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
12,535m²
Land Size
45m²

Richem, Empangeni

Empangeni is the jewel of the KwaZulu-Natal north coast. Real estate and property investors can choose from a wide range of quality properties, many with spectacular Indian Ocean views, ranging from secure and attractive apartments and comfortable family homes to elegant executive villas. Empangeni is nestled alongside the beautiful Nkwalini valley. In addition to the panoramic sea views, properties have a view...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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:

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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

4,728.61

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