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R2,200,000

Monthly Bond Repayment R23,461.45
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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House with adjacent vacant stand.

This property in the central part of Ramsgate offers a unique aspect that it is a property with two very large stands; one vacant stand, and one built up section offering unbelievable opportunities for the prospective buyers.

It includes a large, partly completed home with modern finishes that present a great potential for customization and personalization to create a forever family home. The property is equipped with several cost-saving features such as:

• Fibre installation: Ensures high-speed internet connectivity for the home.
• Borehole: Provides a sustainable water source, reducing dependence on municipal water.
• Gas geysers: Offers an energy-efficient solution for heating water.

• Prepaid electricity: Allows for better control over electricity usage and costs.

With its convenient facilities and room for customization, this property is ideal for those looking to invest in a spacious, cost-efficient home in a desirable location close to all the important amenities such as shopping centres, hospitals, schools and beaches.

A spacious property in Ramsgate that combines comfort, convenience, and potential for further investment, making it ideal for families and investors alike. The main house is well-equipped with a variety of features:

• Main House Features:
o Main Bedroom: A spacious master suite with an en-suite bathroom and dressing room.
o Guest Bedroom: An additional comfortable bedroom for guests.
o Separate Bathroom and Guest Toilet: Convenient facilities for family and visitors.
o Living Areas: A spacious lounge, TV room, and dining room, perfect for family gatherings and entertaining guests.
o Kitchen: A large, modern kitchen with a separate scullery for additional storage and preparation space.
o Bachelor Flatlet: A self-contained flatlet ideal for a single occupant or as a guest suite.
o One-Bedroom Flatlet: Includes a lounge, kitchen, bathroom, and a separate enclosed veranda, providing additional living space or rental opportunities.

o Storeroom Workshop: A versatile space for storage or hobbies.

o Automated Gate: Enhances security and convenience for residents.

• Special Feature:



o Adjacent Vacant Stand: A 2,000 sqm vacant plot forms part of the 1407sq m main property, offering further investment opportunities and room for expansion or development, ideal for the enthusiastic property owner looking to add value.

This property provides ample space for comfortable living and the potential for future growth, making it a great opportunity for anyone looking to invest in a versatile home with ample space right in the middle of a very vibrant and upmarket suburb.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Security
Yes
Flatlet
2
Sizes
Land Size
1,047m²

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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

23,461.45

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