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R920,000

Monthly Bond Repayment R9,031.12
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Levy
R1,200
Monthly Rates
R600

The views say it all!!!

The view… The position… what more do you want. This spacious 2-bedroom apartment offers an open plan living area with a sliding door leading to the balcony were you can have a braai while you enjoy the panoramic views of the ocean. The bedrooms are very spacious with built in cupboards and ceiling fans. The main bedroom with en-suite offers a shower and the 2nd bathroom a bath. This unit sold fully furnish and can secure a good holiday letting income.

This apartment is out of the hustle and bustle of Margate but still within walking distance to the beach and amenities. The complex offers a swimming pool with braai facilities

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
90m²
Land Size
4,045m²

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. St Michaels beach is a surfers paradise and there is a charming 9-hole golf course,...
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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:

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

9,031.12

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