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R1,270,000

53 Summerplace, 37 Beach Road

Monthly Bond Repayment R13,543.66
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,298.5
Sectional Title Levy
R3,139.5

Prime Investment Opportunity - 4 Bedroomed Apartment in Humewood

Discover the perfect investment opportunity with this spacious 4-bedroom, 2-bathroom apartment, ideally positioned on the 5th floor of a secure and well-maintained building directly across from Kings Beach.
Originally a 3-bedroom apartment, now thoughtfully converted into a 4-bedroom layout to maximize rental potential.
The apartment is offered fully furnished, accredited by the university, and conveniently located right on the NMU shuttle route, making it a sought-after property for students.
Currently leased until the end of November 2024, with a rental income of R16,900 per month, this property promises a solid return on investment.




Conveniently located near restaurants, shops, airport, Boardwalk Mall, NMU and within walking distance to the beach.

Don't miss this excellent opportunity. Contact us today for more details or to schedule a viewing.

Features

4
2
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
112m²
Land Size
706m²
Extras
Blinds • Curtain Rails • Stove • Electric Gate

Humewood, Port Elizabeth

With unspoiled beaches, rolling sand dunes and warm Indian Ocean, is Gqeberha (Port Elizabeth), boasting all the traditional big-city amenities at a price significantly more affordable than other metropolitans in South Africa.  Home buyers are attracted, not only by the great value our housing market offers, but also the array of fine schools, beautiful beaches, moderate climate, strong family values and fantastic...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

13,543.66

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