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R2,700,000

19 COD

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,000

Your Ideal Family Holiday Home: A Lucrative Rental Opportunity Too!

SOLE MANDATE: Nestled in Pennington, this charmingly refurbished home offers a serene escape from the bustle of everyday life. With its tasteful decor and open-plan design, it's the perfect holiday retreat. Large stacking doors flood the interior with natural light, framing picturesque views of the sea. A front patio and covered lounge area lead to a refreshing pool, inviting relaxation under the sun. Security and style are seamlessly combined with American Shutter Blinds on all openings. The master bedroom boasts an outdoor shower, ideal for rinsing off after beach days or enjoying starlit evenings. Out back, a rustic pizza oven, herb garden, and rain tank complement the tranquil setting. This home doubles as a popular holiday rental, offering a chance for extra income. There are solar panels and an inverter system in place to ensure you have constant power supply. Pennington, with its natural beauty and recreational amenities, is an idyllic village retreat within easy reach of King Shaka International Airport. For those seeking a slower pace and connection with nature, Pennington is the perfect place to call home.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
250m²
Land Size
1,012m²

Pennington, Pennington

Pennington is a much-loved holiday destination on KwaZulu-Natal's south coast. With breathtaking beaches, warm waters and a welcome respite from the hustle and bustle of city life, who wouldn't want to make Pennington their home? A brief history of the area  Pennington is named after an English family who arrived in the late 19th century and farmed in the area. Later, a sugar magnate named Sir Frank...
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In the news

Reasons to love Pennington's Beach Café @ Impithi
Pennington is renowned for its laid-back vibes, friendly way of life and gorgeous beach. In the opinion of many, there is no better place to experience all three than at The Beach Café @ Impithi. With its lovely...
 
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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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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

29,260.09

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