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R277,000

Monthly Bond Repayment R2,954.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R7,680

RETIREMENT APPARTMENT

STUDIO APARTMENT APPARTMENT
Starting from age 55
The apartment has an exceptional traditional floor plan that features a welcoming interior space, relaxed living spaces. The apartment is and open plan with an couch and bed and a wardrobe, with a well-designed bathroom, equipped with a spa shower. Permitted in the apartment is a Kettle, toaster, air-fryer, fridge & microwave, but no cooking permitted in apartments. And all 3 meals is provided by Eden Crescent including 2 tea times and lots of entertainment and a shuttle to shops and back.
Key Features: - 24/7 security, Daily servicing of suites including bed making, cleaning bathrooms, supply and weekly change of bed linen (1 top sheet, 1 bottom sheet, 2 pillow slips, 1 hand towel, 1 bath towel, 1 bath mat per person), regular window cleaning. All municipal charges, e.g. electricity, property rates, water, sewerage and refuse collections. Common area maintenance, cleaning services, security, insurance of the building, reception facilities, management costs and audit fees.
This Old Age Village provides a clinic with qualified nursing staff, library, tea lounge and social lounges, sun deck and pool, hobbies room, tuck shop, laundry, family guest suite, bus for shopping trips, exercise classes, Bingo and Quiz evenings, darts, pool, ad hoc live entertainment, grocery deliveries, hairdressers and manicurist. The Village is located close to a medical centre, chemist, Pick ‘n Pay, Spar, hairdresser, ATMS, restaurants, Sun Coast Casino & Golden Mile, hotels and spas. On bus route the unit is literally a 5 min walk away from the beach, and supermarkets such as Pick n Pay and Spar, with other restaurants spread out through the North Beach district, Sun Coast Casino is around the corner as well, its situated in a safe and quiet area perfect for retirement. you can catch the local bus and the bus stop which is literally downstairs. Close to a Medical centre, Chemist, Pick ‘n Pay, Spar, Hairdresser, ATMS, Restaurants, Sun Coast Casino & Golden Mile, Hotels and Spas. And is latterly 400meters away from North Beach Beaches.

STUDIO APARTMENT. Levy pm

STANDARD COSTS
• Service levy R123 per square meter and increases annually on 1st March
• Monthly catering levy R 3500 per person (Three meals & 2 teas per day)
• Statutory community ombudsman levy (CSOS) R40.00 per month

OPTIONAL ADDITIONAL MONTHLY EXPENSES
• Secure undercover Parking R230.00
• Internet line uncapped R190.00
• DSTV Retirement Village package R395.00
• Clinic for frail and respite care and other Clinic services in apartments as needed
• Air Conditioner usage
MONTHLY SERVICE LEVY COVERS:
• Daily servicing of suites including bed-making, cleaning bathroom, supply and weekly change of bed linen (1 top sheet, 1 bottom sheet,
2 pillow slips, 1 hand towel, 1 bath towel, 1 bath mat per person), regular window cleaning.
• All municipal charges, e.g. electricity, property rates, water, sewerage and refuse collections.
• Common area maintenance, cleaning services, security, insurance of building, reception facilities, management costs and audit fees
FACILITIES & ACTIVITIES PROVIDED
Clinic with qualified nursing staff, library, tea lounge and social lounges, sun deck and pool, hobbies Room, tuck shop, laundry, family guest suite, bus for shopping trips, exercise classes, Bingo and Quiz evenings, darts, pool, ad hoc live entertainment, grocery deliveries, hairdressers and manicurist.
Close to a medical centre, chemist, Pick ‘n Pay, Spar, hairdresser, ATMS, restaurants, Sun Coast Casino & Golden Mile, hotels and spas. On bus route.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
64m²

North Beach, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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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

 

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Monthly Payment

2,954.01

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