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R1,750,000

Monthly Bond Repayment R18,662.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,568.4

LUXURY HOME

This three-story home boasts two spacious lounges, one lounge comes with a private bar and toilet facilities, a lounge leading into a spacious dining room, and an open plan kitchen with a scullery and second kitchen, lounge also has got a separate toilet facility, there is also a good size pantry.
The rest of the house offers two bedrooms with ensuites, the other two bedrooms share a bathroom. The study room has got a nice fitted desk and plenty of shelving, the main bedroom is situated on the top floor with a walk-in closet ensuite and offers an open balcony with beautiful sea views.

The outside building offers three bedrooms (rooms get rented separately total income R7,500), there is also domestic accommodation room and a toilet, a double garage that can park up to three cars, and plenty drive-in access for 6 to 8 cars.
This home is ideal for extended family, a BnB, or student accommodation. Excellent value for money.

The naming of Amanzimtoti is generally attributed to the renowned Zulu King Shaka, who stopped here in 1828 with his army during one of their campaigns. Legend has it that after being given water to drink from the local river, he remarked ‘kanti amanzi mtoti’ (so the water is sweet), thereby giving the river, and the town that later developed around it, the name of Amanzimtoti.

Six hundred-odd km from Johannesburg, 60km from Durban International Airport, and conveniently situated just 25km south of central Durban, the booming holiday destination of Amanzimtoti, or Toti as it is known to locals, offers almost everything for the discerning traveler. There is a first-class infrastructure of modern shopping malls, excellent accommodation options, and restaurants, as well as a wide array of leisure activities – both on land and at sea!

Features

5
5
2
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
1,862m²
Extras
Balcony • Aluminium windows • Above Road • Spanish Style
 
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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
%

Monthly Payment

18,662.52

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