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R500,000

Monthly Bond Repayment R5,246.28
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R3,800
Monthly Rates
R850
Sectional Title Levy
R30.8

RENOVATORS CHALLENGE

Are you a person who does not shy away from a challenge, ready to tackle a task head on, or an investor who buys, renovates, and resells properties then this is the property for you. This beachfront unit requires an owner who has a flair for home renovation and design. Situated along the popular Panorama Parade in Margate across the road from Margate’s main swimming beach, near restaurants and popular take-aways is this fixer upper.

The unit comprises of a kitchen, open plan lounge, dining area, two bedrooms and a family bathroom. The interior requires refurbishment to restore its charm and functionality and provides the perfect opportunity to update the unit to your taste and needs.

The complex a communal braai area, games rooms for the kids and JoJo tanks for emergency water supply. The unit has one undercover parking and entry into the complex is via remote gate access.

Grab this opportunity to renovate this unit into a cosy holiday flat or a place to call home. Call us now to take up the opportunity to make this your next property project, we look forward to showing you this unit.

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
69m²
Land Size
4,134m²
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,246.28

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