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R1,730,000

Monthly Bond Repayment R15,288.20
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

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Monthly Levy
R2,900
Monthly Rates
R1,700

Hear, see and smell the sea

SOLE MANDATE: This apartment offers 3 spacious bedrooms, 2 bathrooms a stunning kitchen, large open plan lounge/dining room. The lounge leads to a balcony where you can enjoy the stunning views of the ocean as well as the lagoon. There is double basement parking. This apartment will be your perfect holiday home and can secure an excellent holiday rental income.

The complex offers direct access to the beach, a braai area with kitchen and a swimming pool, there is a lift and a night security guard. The complex is out of the hussle and bustle of Margate but still within walking distance to restaurants and banks. Margate is still a popular holiday destination with a lot of beach activities. For those who love shopping you have 3 shopping malls nearby.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
144m²
Land Size
4,965m²

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

 

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Monthly Payment

15,288.20

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