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R1,750,000

Monthly Bond Repayment R18,964.87
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,600
Monthly Rates
R1,842

3 Bedroom Penthouse right on the beach – St Michaels on Sea

The penthouse is situated in a prime location, offering breathtaking sea views and direct beach access. This location is not only ideal for enjoying the ocean but also provides proximity to shops and restaurants, making it convenient for residents and appealing for vacationers. The apartment features three bedrooms and two bathrooms. The main bedroom has an en-suite bathroom and opens onto a balcony, providing beautiful sea views right from the bedroom. The open-plan layout of the kitchen, lounge, and dining room is a modern and inviting feature. This design allows for seamless flow and access to the balcony, creating a bright and spacious living area. There is an additional sun lounge that could accommodate a bar. This space is perfect for relaxation and entertaining and offers panoramic views of the surrounding area.
The private rooftop terrace is a standout feature. It's an ideal spot for relaxation and hosting guests, with the added bonus of stunning ocean views. This space could be used for outdoor dining, sunbathing, or simply enjoying the scenery. The fact that the unit is being sold furnished adds convenience for buyers. This can make it a turnkey solution for those looking to move in or use it as a vacation rental. Two secure, underground parking spaces are allocated to the unit plus there extra parkings for visitors. A communal swimming pool is a nice bonus for residents, offering an additional area for relaxation and recreation. JoJo tanks are practical for water storage, and direct beach access is a major selling point for beach enthusiasts.
St Michaels On Sea is a tranquil little town on KwaZulu Natal's South Coast, boasting picturesque scenery and pristine beaches.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Furnished
Exterior
Carports / Parkings
2
Pool
Yes
Sizes
Floor Size
253m²
Land Size
3,918m²

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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

18,964.87

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