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R2,700,000

3 SS CORNER LODGE, 39 Marine Drive

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,060

Fantastic Investment Opportunity

This quaint block of flats in Margate is looking for someone to take her over and make her fresh and new again!
There are four flats in the block which consist of two bedrooms and two bathrooms with open plan lounges and kitchens.
Both of the top flats have balconies which can be accessed from the main bedroom and the lounge. There is a laundry which takes three washing machines and there are four lock up garages and a braai area.

With a stroll down the road you are right on the beach, and there are shops, hospitals and schools in the nearby vicinity.
Call now to invest in the ideal opportunity.

Features

8
8
4
Interior
Bedrooms
8
Bathrooms
8
Kitchens
4
Reception Rooms
4
Exterior
Garages
4
Security
Yes
Domestic Accommodation
1
Sizes
Floor Size
776m²
Land Size
971m²
Extras
Balcony • Built in Wardrobes • Burglar Bars • Carpets • Communal Braai Area • Curtain Rails • Driveway • Laminated Floors • Patio • Sliding Doors • Telephone Port • Tiled Floors

Margate, Margate

Margate is a bustling holiday town on the KwaZulu-Natal south coast. Real estate and property investors can choose from houses, villas, apartments, townhouses, cluster developments, security villages, retirement complexes, guesthouses and vacant land. Although is essentially a holiday town, it is occupied virtually year round. Margate is a coastal resort town in the Kwa-Zulu Natal province, about 20...
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In the news

Spectacular new eco-estate launched on the KZN South Coast
Margate on the beautiful KZN South Coast is home to a spectacular new 120ha eco-estate, Serenity Hills. This is welcome news for the area given the high demand for sustainable living, says Michelle Harris, licensee for Seeff...
 
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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

29,260.09

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