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R3,800,000

Monthly Bond Repayment R41,180.87
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,286

Large Family home with beautiful sea views, potential income earning flats and more…

This lovely family home offers beautiful sea views and lots of accommodation. The top floor is made up of a gourmet kitchen with a 5-burner gas stove, lots of cupboard space and stack doors on one side opening out onto the balcony and stack windows on the other side. The spacious lounge and dining room have high ceilings with exposed beams and stack doors that lead out onto the balcony overlooking the manicured garden, koi pond and sparkling swimming pool and jacuzzi. A built-in bar can be found to the side of the kitchen with the scullery around the back of it. Three of the four bedrooms have laminated floors, wonderful sea views and open out onto the balcony, all the bedrooms have built in cupboards and TV’s. There are 5 ½ bathrooms with 2 of them being en suite, the main bedroom has a full en suite bathroom with a jet bath, huge shower and his and her basins.
The bottom section of the home can be used as a large entertainment area as it leads out onto the swimming pool and braai area, there is space for a billiards and pool table or it can be turned back into a flat with a bedroom, bathroom, kitchen and lounge, it has its own entrance with carports. There is also a 1-bedroom flat on the other side of the house which brings in an income.
The property comes with a double automated garage plus a large single garage, an outside laundry and office. There are 24 Solar panels with 3 inverters, 3 Water tanks which are linked to the main water supply. The property is also alarmed and has outside beams and CCTV cameras.

Features

4
6.5
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
6.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
3
Flatlet
1
Pool
Yes
Sizes
Floor Size
460m²
Land Size
1,423m²
Extras
Tiled Floors • Built in Wardrobes • Jacuzzi • Built In Bar • Scullery • Laminated 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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

41,180.87

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