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R1,740,000

Monthly Bond Repayment R18,856.50
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,600

Large family home with two boreholes plus two flats in a quiet area of Margate

Upstairs of this sturdy home has three bedrooms each with en suite bathrooms. The kitchen is spacious, has lots of cupboard space and fitted with granite tops plus a 4-plate gas stove. The lounge and dining room are open plan and lead out onto a large balcony with built in braai and bar. Downstairs are 2 x 1-bedroom flats with bathroom and open plan kitchen, lounge and dining room. You will never be stuck without water as there are two boreholes which supplies the property with water all year round. The property boasts a swimming pool and a large jacuzzi.
There is a double garage plus extra parking space, next to the garage is an outside room with shower and toilet. With a little TLC this home can be converted into a gem.

Features

5
5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Flatlet
2
Pool
Yes
Sizes
Floor Size
480m²
Land Size
1,849m²
Extras
Jacuzzi • Borehole • Security Gate • Built In Braai • Balcony • Air Conditioner • Curtain Rails

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

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Monthly Payment

18,856.50

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