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R1,075,000

6 Marine Glen, 2120 Tegwan Road

Monthly Bond Repayment R11,464.12
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,800
Monthly Rates
R1,100
Fly to Margate!

Ideal 3-bedroom holiday letting investment opportunity in Ramsgate, KZN

Positioned on the first floor, with just seven steps leading to its entrance, this impeccably maintained unit offers a semi-private setting on the left side of the complex. The property features three bedrooms and two bathrooms, including a main en-suite complete with a luxurious bath.

The open-plan living area, including the dining and lounge spaces, opens onto a generous covered entertainment patio through sliding doors. This creates a perfect setting for relaxation or entertaining guests while enjoying the view of the lush complex gardens and sparkling pool. The sounds of the ocean, just across the road, enhance the ambiance of this inviting space.

The fully fitted kitchen boasts granite countertops, a sleek glass hob, and an under-counter oven, blending functionality with modern style. The main bedroom also opens onto the expansive balcony, offering both garden views and a glimpse of the ocean.

Surrounded by well-tended lawns, established trees, and shrubs along the banks of the iBilanhlolo River, this retreat combines ease of access with a relaxing atmosphere. Conveniently located near the main road and highway, and within walking distance to the renowned Waffle House Restaurant and Ramsgate's main beach, it provides an ideal blend of accessibility and leisure.

Sold fully furnished, this property is perfect as a classic lock-up-and-go apartment or as an investment with strong holiday letting potential. Enjoy the luxury of a two-minute walk to the Indian Ocean and take full advantage of the complex's communal pool and braai areas.

Security and convenience are well addressed with one large carport, gated access, and a fully walled and fenced property, offering peace of mind. Additionally, Ramsgate's designation as a Special Rating Area (SRA) ensures that a portion of rates contributes to security and community enhancements.

Don’t miss out on this exceptional opportunity. Contact me today to schedule a viewing appointment and experience all that this fantastic property has to offer.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
119m²
Land Size
4,327m²

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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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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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

11,464.12

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