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R1,650,000

Monthly Bond Repayment R17,312.72
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R2,800
Monthly Rates
R1,146
Fly to Margate!

Magnificent ocean views and beach access

Your opportunity to own a three bedroom, two bathroom stepless beachfront property in a prestigious, safe and secure share block complex. These units rarely come to market, making this a highly sought-after find.

Enter the unit through a spacious covered patio or entertainment room, complete with ample additional storage space. The tiled lounge opens out onto a large covered entertainment patio with magnificent 180-degree, uninterrupted frontline views of the ocean.

All three bedrooms have lovely new laminate flooring and the main bedroom features an en suite bathroom and opens out onto the patio through sliding doors.

The fully renovated kitchen boasts a new under counter oven, hob, and extractor hood, as well as a fitted washing machine and upright fridge - all included in the sale, along with the rest of the furniture, blinds, and curtains represented in the photographs. (Excluding patio furniture) In addition a new inverter provides back up power supply.

Aluminium construction on all windows and doors, and Trellidor-type security guard all entrances, including windows, add to the appeal of the unit.

The complex boasts an enclosed pool area with an open garden and gazebo, complete with a large built-in brick bar area for hosting special events. Note that management approval is required for bigger get-togethers.

This share block development provides added peace of mind and is in keeping with the general upmarket nature of the complex. Ramsgate is also designated as a Special Rating Area (SRA), ensuring that a small portion of rates paid by each property owner is utilized to provide for security-related initiatives within the area. A formal Non-Profit Organisation, whose members are the property owners themselves, receives and provides good financial governance for these funds.

The Ramsgate Community Policing Forum receives the bulk of its funding in this way, resulting in a safer, more secure area to live and visit, maintaining property values contrary to national trends.

Don't miss this rare opportunity to own a piece of paradise.

Contact us today to schedule a viewing!

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
170m²
Land Size
4,047m²

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:

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

17,312.72

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