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R2,280,000

Monthly Bond Repayment R24,708.52
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R4,889
Monthly Rates
R1,435

Surf and Sand just a hop away

Discover the ultimate investment opportunity with this income-generating holiday unit, sold fully furnished for immediate occupancy. This charming 2-bedroom apartment is a haven of coastal living, boasting a two-story layout with sea views that greet you each morning. The ground floor houses a cozy bathroom complete with a shower, toilet, and basin, while the upstairs family bathroom features a bath, ensuring comfort on both levels. Each bedroom is a serene retreat, offering a glimpse of the ocean that promises a tranquil start to your day.

The apartment's retro-inspired design is evident in the open-plan kitchen and living area, which provides a spacious and inviting atmosphere. Step outside onto the patio and indulge in alfresco dining as the sun sets, with cocktails and BBQs enhancing your evenings. Mornings are equally delightful with a coffee in hand, accompanied by the soothing sounds of the waves. The convenience of a lock-up garage with direct stair access to your front door, a secure storage room, and an optional separate laundry room for a nominal monthly fee, adds to the allure of this property. The complex, with water included, also features direct beach access through a pedestrian gate, inviting you to immerse yourself in the coastal lifestyle.

Embrace this chic apartment, where the ease of seaside living is seamlessly blended with the comforts of home, making it an ideal retreat or a lucrative rental property.

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Garages
1
Carports / Parkings
1
Sizes
Floor Size
113m²
Extras
Bath, Toilet and Basin • Shower, Toile tand Basin • Patio • Sea • Lock-up Garage • Built In Braai • Open Plan Kitchen • Cooling Fans • Storeroom • Double Storey • Laundry • Washing Machine Connection • Oven & Hob • Fridge • Secure Parking • Complex • TV Port • TV • Water Included • Curtain Rails

On Show

12:30 to 13:30
Sunday, 19 May 2024
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Compensation Beach, Ballito

Welcome to paradise! Approximately 40km north of Durban, on South Africa's east coast in the province of KwaZulu Natal, sits Ballito, a popular seaside vacation town and residential suburb. The once sleepy seaside village is now a bustling "mini-city within a city," tucked away in a great evergreen sugarcane plantation, with golden beaches and the warm waters of the Indian Ocean beckoning visitors to its...
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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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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

24,708.52

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