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R5,000,000

Monthly Bond Repayment R53,321.48
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,500

5 SELF CATERING UNITS FULLY FURNISHED

In the prime suburb of Ramsgate you will find this huge home cleverly split into 5 separate self catering units giving you 14 bedrooms, 11 bathrooms, 5 lounges, 5 dining rooms, 5 kitchen, a separate laundry and domestic ablution.

The property spans 2591 square metres offering you scope to expand by building more units on this large property.

Close to the freeway offering convenience to all facilities.

A valuable property offering huge potential for a sound investment.

Features

14
11
Pets Allowed
Yes
Interior
Bedrooms
14
Bathrooms
11
Kitchens
5
Reception Rooms
10
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
720m²
Land Size
2,591m²
Extras
2x Jojo Tanks

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

R 

53,321.48

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