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R7,950,000

Monthly Bond Repayment R76,719.22
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R3,000

Absolute beachfront splendor with 3 dwellings. Once in a lifetime opportunity

This glorious, fit for a king home is nestled directly on the beach in the millionaire’s road in Ramsgate. The ground floor of this upmarket, magnificent property comprises of an entrance hall leading into an open plan living area consisting of a dining room, formal and informal lounge and the open plan state of the art kitchen with scullery. Off the lounge is a large indoor entertainment area comprising of a bar, guest toilet and a Jacuzzi. The ground floor also comprises of a large air-conditioned study with 3 air-conditioned bedrooms all with en-suite bathrooms.

The top floor of the home offers a large master suite comprising of a kitchenette with granite vanities, beautiful, light and airy bedroom with a walk-in dressing room and a stunning full bathroom. There are two balconies off the main bedroom, one comprising of a steam shower and both with magical sea and ocean views.

The beautiful outdoor entertainment area consists of a heated pool and a couple of patios. A large wooden deck looks over the beautiful manicured garden leading out to the unspoiled private beach.
The property further offers a separate 2 bedroom 2 bathroom house, with its own entrance and garages as well as a large self-contained one bedroom flat.
The property is fully alarmed and has outdoor beams and CCTV cameras. This property needs to be seen to be fully appreciated.

Features

4
4
4
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
4
Studies
1
Furnished
No
Exterior
Garages
4
Carports / Parkings
1
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
600m²
Land Size
1,644m²

Ramsgate, 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
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Monthly Payment

76,719.22

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