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R3,450,000

Monthly Bond Repayment R36,199.33
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,100
Fly to Margate!

PERFECTLY LOCATED GEM WITH 2ND STAND AND FLATLET

WALK TO THE BEACH INVESTMENT

Discover your forever home or holiday home.

Discover coastal living at its finest in this magnificent log home, perfectly perched on an expansive double stand of over 4,000 sqm in a serene unspoiled location. Located in one of the most prestige areas in Ramsgate within walking distance to the beach and various tidal pools.
Consisting of two levels, this property boasts not only stunning sea views, but also incredible versatility with two self-contained flatlets, ideal for guests or rental income.

**Key Features:**
Main House:
- **Spacious Accommodation:** This charming home features 3 generously sized bedrooms, two of which open onto the serene covered patio, allowing you to bask in the sea breeze and enjoy panoramic views.

- **Luxurious Bathrooms:** With 2 well-appointed bathrooms one of which is en suite, privacy and comfort are guaranteed for both family and guests.

- **Open-Plan Living Spaces:** Enjoy the open-plan living room that seamlessly blends with the dining area and opens onto the large covered patio creating the perfect environment for entertaining.

- ** Fully-equipped Kitchen:** Designed for convenience and functionality, the well-appointed kitchen caters to your culinary needs, whether you're hosting a large family gathering or preparing a quiet meal.

Flatlets:

Two rental generating flatlets on the lower level of the main house are currently undergoing transformation.

Each unit consists of 1-bedroom, en suite bathroom, open plan kitchen, living and dining room and open to the pool area.

- **Additional Amenities:** The property includes a storeroom/laundry area and with a bit of creativity, could easily be converted into a 3rd flatlet, maximizing the use of space.

- **Outdoor Oasis:** Dive into the refreshing swimming pool and afterwards freshen up in the outdoor shower before unwinding in the landscaped garden. The fully fenced property offers privacy and security while enhancing the outdoor experience.

- **Sustainable Features:** Equipped with two 2,500-litre JoJo tanks, this home is designed for sustainability and efficiency.

Features

5
4
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
3
Reception Rooms
6
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
4,300m²

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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

36,199.33

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