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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
R1,714

Lovely, well maintained home on the beach with income earning potential – Uvongo

Wake up to the sound of the waves in this home that can be found in a very popular street in Uvongo, across the road from the beach, nestled between 2 swimming beaches. Beautiful sea views can be enjoyed from this property. The main house has 5 bedrooms and 5 bathrooms, 2 bedrooms open out onto the pool and braai area. The kitchen is open plan and has a separate scullery. The lounge also leads out to the pool and entertainment area with gazebo and braai area.

The property could easily be converted into a Guest House or a B&B as it also boasts two self- contained flats, an air conditioned, 2 bedroom flat with separate lounge and kitchen plus a bachelor flat. There is a double carport with lots of extra parking for guests. The property is fully alarmed
including external beams and is fully walled with electric fencing. At the back of the property are separate staff quarters, a laundry, 2 JoJo tanks and a storeroom.

Features

7
5
Interior
Bedrooms
7
Bathrooms
5
Kitchens
2
Reception Rooms
3
Exterior
Carports / Parkings
1
Sizes
Floor Size
350m²
Land Size
1,606m²

Uvongo, Margate

Uvongo 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. The town is located between the popular towns of Margate and Port Shepstone and is known...
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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

41,180.87

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