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R4,650,000

32 Mahakane, 76 Lagoon Drive

Monthly Bond Repayment R50,392.38
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R5,000
Sectional Title Levy
R5,500

Great investment opportunity in prime Umhlanga Rocks

Spacious, three bedroom, residential third floor apartment with sweeping sea views. This apartment is situated in a secure and extremely well maintained complex in sought after Umhlanga Rocks. There is direct access to the popular Umhlanga Beach and Promenade and walking distance to the Umhlanga Village with a variety of shops and restaurants. All main access routes, Gateway Theatre of Shopping and King Shaka airport are in close proximity.

The complex also offers both lift and stair access for your convenience. The apartment is spacious with open plan living and large windows allowing plenty of natural light and breathtaking views. The kitchen is seperate and has plenty of space to work with as well as its own entrance and scullery area.

The apartment has three very well-sized bedrooms also with large windows letting in lots of natural lighting and beautiful views, fully tiled and built in cupboards. The main bedroom features a walk in closet leading to a full en-suite bathroom with shower, bath, basin and loo. The second bedroom also has an en-suite with a shower, basin and loo. There is a main bathroom equipped with a bath, basin and separate toilet.

The complex offers well-manicured gardens with a covered seating area overlooking the communal sparkling blue pool and ocean. The apartment is allocated with two, underground parking spaces and has plenty of guest parking's. There is huge potential for this apartment and would be a great as an investment opportunity, a lock up and go or to use as your personal holiday home.

Features

3
3
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Pool
Yes
Sizes
Floor Size
200m²
Extras
Laundry • Tiled Floors • TV Port • Built In Braai • Views: Sea / Ocean • Locality: Beach Front • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Original • Kitchen: Separate • Kitchen: Double Sink • Kitchen: Microwave • Kitchen: Scullery • Kitchen: Free Standing Stove • Kitchen: Finish • Main Bedroom: Double • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 3: Double • Main Bathroom: Separate Shower • Window Coverings: Drapes • Window Coverings: Blinds • Heating / Cooling: Ceiling Fans • Outdoor Living: Entertainment Area • Outdoor Living: Garden • Pool: Inground • Land Contour: Flat • Condition: Fair • Condition: Renovator • Water Supply: Town Supply • Sewerage: Mains
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

50,392.38

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