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R160,000

Monthly Bond Repayment R1,678.81
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R350

1860 square metre corner stand

Build your dream home on this good size corner stand, with two road frontages and close proximity to Ramsgate South swimming beaches and Southbroom.

Offering easy access to the highway via the Southbroom onramp, the land is ideally positioned for families with children at South City School, is a 10 minute drive from the South Coast Mall and Shelly Beach, and less than 90 minutes from Durban.
Lush, indigenous vegetation offers seclusion and tranquility in this peaceful, residential neighbourhood, and the size of the property offers great value for the price!

Ramsgate is also designated as a Special Rating Area (SRA) which means that a small portion of the rates paid by each property owner is utilised to provide for security related initiatives within the Ramsgate area. A formal Non-Profit Organisation whose members are the property owners themselves receive and provide good financial governance for these funds.

The Ramsgate Community Policing Forum receives the bulk of its funding in this way and the statistical reduction in crime has been remarkable, both providing a safer more secure area to live and visit for residents and visitors alike, as well as being a major factor in the maintenance of property values which is contrary to the national trends.

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

 

LOAN AVAILABLE

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Monthly Payment

1,678.81

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