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R6,800,000

Monthly Bond Repayment R73,692.08
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,539

Great value, great location

This lovely 4 bed, 4 bath home in the Canal area is move in ready. Nothing needs to be done.

Situated on the corner of Spinnaker and Sunset Drive, it is just off the Canals. On offer are beautiful mountain views and some canal views.

Walking through the front door, you enter the open plan living areas and kitchen. The kitchen is modern with lots of storage space and there is a separate scullery area.

The main bedroom is on this level, with a full en-suite bathroom, and sliding doors with direct access to the front garden and pool.

The dining room has a build in braai, which is great for times when outside entertainment is not possible. The large undercover entertainment area overlooks the pool and low maintenance private garden and provides lots of room for entertaining friends and family.

On the 2nd level is a small office area, pyjama lounge and 2 en-suite bedrooms. These rooms open up onto the north facing balcony, with lovely views. There is also a separate office/flatlet area which is closed off from the main house with an interleading door. The 4th bedroom is on the next level and has its own shower and toilet.

The double garage has automated doors, and has direct access into the home. It is extra length and has lots of built-in cupboards for neat storage solutions. There is also a single garage, accessible from street level.

This home comes well equipped with many items: 18 solar panels, 8 batteries, as well as 30 000L of rain water harvesting tanks, gas geysers, an alarm system with beams and CCTV cameras.

This home has been fully let over the December holidays and proof very popular with families with teens and is definitely worth considering as an extra income generator.

Features

4
4.5
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
3
Flatlet
1
Pool
Yes
Sizes
Floor Size
462m²
Land Size
758m²

Canals, St Francis Bay

The Canals, then called the Marina Glades, was a major project started by Leighton Hulett, after he exchanged a house and a plot for 179 morgen land with 2.3km river frontage.  A dredger was bought and the work on the first canal started in 1960. The Cove, which leads directly to the river mouth, was the starting point of the canals.  Houses were all painted white and had to have thatch roofs. Later years, tile...
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Go for a ride with St Francis Bay Adventures
Situated in the St Francis Bay area, which is a holiday town in the Eastern Cape province of South Africa, you will find St Francis Bay Adventures. Known as South Africa's little Venice, the beautiful St Francis Bay Canals and...
 
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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

73,692.08

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