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R1,180,000

Monthly Bond Repayment R12,787.74
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,020
Monthly Rates
R980

Ideal investment property in sought after Cormorant

Cormorant is known for its safety and is a well-managed complex. It is, for this reason, this is a hot property.

Set on a stand bordering the fence, this unit is walled and offers the owner or potential tenant much desired privacy. The unit is immaculate and is move-in ready. The spacious living area opens onto a private patio which is ideal to braai on. The kitchen is compact but well laid out. You will find a guest loo downstairs. Upstairs there are 2 bedrooms and a full bathroom. The balcony in the main bedroom is a perfect extension of the room.

The property is sought after and is worth viewing.

Features

2
1.5
1
Interior
Bedrooms
2
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Sizes
Floor Size
104m²
Land Size
8,800m²
Extras
Garden • Burglar Bars

Meer En See, Richards Bay

Studies show that living near water can make you happier. The plush suburb, lying on the edge of the town's harbour offers beauty and tranquillity. As a resident, you'll have access to a range of activities. Fishing, swimming, birdwatching, and craft market shopping make life here an absolute pleasure. A brief history of the area The town of Richards Bay was proclaimed in 1969. Meer En See...
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A day of family fun at the Richards Bay Festival
On the 16th of December 2023, the Richards Bay Festival is set to transform the Richards Bay Rugby Club into a vibrant and bustling hub of creativity, music, and gastronomic delights. Hosted by accomplished market vendors Demian...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

12,787.74

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