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R700,000

Monthly Bond Repayment R7,465.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,900

3 BED COTTAGE ON THE BEACH!

This cottage is a stone’s throw away from the sea so you can almost fish from the patio!

It is mixed construction partly park home and has 3 bedrooms, bathroom with shower and another separate guest loo. There is a newly fitted kitchen with granite tops. The lounge/dining area is a spacious, glass enclosed open plan area at the entrance to the cottage.

There is an outbuilding converted to a laundry with plenty space to spare. It was previously used as a garage.
The Share block complex is situated in an eco-sensitive area alongside the quiet area of the Mpenjati Nature Reserve in Palm Beach midway between Margate and Port Edward.

The levy is very reasonable and affordable and covers water (borehole in complex), security, garden services, refuse removal as well as rates and taxes. Only extra living expensive is electricity. It is safe and you can bring your pet (with permission from the Body Corporate).

For your convenience there is a superette and laundromat situated at the entrance to the complex as well as a licensed restaurant.

The Wild Coast Sun is only 15 minutes to the South just past Port Edward and the shopping mecca to the North so please visit the Shelly Beach Centre and the South Coast Mall to fulfil your shopping needs.

The golden South coast with the warm Indian Ocean has so much to offer. Do not forget about the very convenient airport at Margate from where you can come and go.

It needs a new owner and some tlc. Give us a call. I would love to show you around.

Features

3
1.5
Interior
Bedrooms
3
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Land Size
271m²
 
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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

7,465.01

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