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R3,990,000

10 SS SUMELDA CABANAS, 6 Forest Road

Monthly Bond Repayment R43,239.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R8,162
Monthly Rates
R2,603

Large penthouse offering a luxurious beachfront living experience with stunning views.

The penthouse is situated right on the beach on the border of Manaba Beach, offering breathtaking beach and breaker views. It provides direct access to the beach, making it an ideal location for beach lovers. It is conveniently nestled between two popular swimming beaches.
The property boasts a beautiful entertainment area that includes an indoor swimming pool with a guest toilet and shower. There is also a built-in braai and a dining area that opens onto a spacious balcony. This area is perfect for hosting gatherings and enjoying the outdoors.
The living area is designed in an open-plan layout, with the kitchen serving both the dining room and the pool area. The comfortable lounge includes a built-in bar and provides access to the balcony. There are three good-sized bedrooms, and both bathrooms feature his and her basins. The main bedroom is en suite, providing privacy and convenience. All bedrooms have access to the balcony, allowing residents to enjoy the stunning views. The main bedroom and lounge are equipped with air conditioning units.
The penthouse offers an added bonus of a one-bedroom guest suite or bachelor pad. This suite includes a bedroom with an en suite bathroom, a separate lounge, and a kitchen. It can be used for guests or as additional living space.
There are two single lock-up garages, providing secure parking for residents.
The building is designed to be wheelchair-friendly, with a lift that stops right outside the front door. This accessibility feature enhances the convenience and inclusivity of the penthouse for individuals with mobility challenges. There is a communal swimming pool plus an outside shower to wash off the beach sand when coming off the beach. The presence of JoJo Tanks with backup water is a valuable feature, which ensures that one has access to water even during water shortages or emergencies. Good security measures are in place within the complex which include electric fencing, outside beams and solar lights.
This property lends itself to permanent living or as holiday accommodation, a great investment for a group of friends or a large family to buy together and enjoy wonderful holidays in.

Features

4
4
2
Interior
Bedrooms
4
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
261m²
Land Size
2,732m²

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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Transfer Costs

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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%
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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

43,239.91

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