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R3,895,000

Monthly Bond Repayment R40,868.52
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R3,992
Sectional Title Levy
R8,874.3
Special Levy
R1,940.1

Beach front apartment in Umhlanga

Looking for the perfect holiday home? This 3rd floor unit is located in prime position on Lagoon Drive in Umhlanga within a 100 metres from the beach.

The flow through the unit is open plan with sliding doors leading out from the lounge and main bedroom onto a spacious patio with built in braai, jacuzzi and beautiful sea views. The unit is tiled throughout with modern finishes and ducted air-conditioning.

Holiday letting is permitted in this complex and is a great income generator for the investor.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Pool
Yes
Sizes
Floor Size
253m²
Land Size
8,933m²
Extras
Laminated Floors • Built In Braai • Patio • Views: City • Views: Sea / Ocean • Locality: Beach Front • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Original • Kitchen: Double Sink • Kitchen: Separate Cooktop • Kitchen: Finish • Kitchen Finish: Granite • Kitchen Finish: Stainless Steel • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Shower Over Bath • Laundry: In Kitchen • Window Coverings: Blinds • Heating / Cooling: Other • Additionals: Electrical Satellite Dish • Outdoor Living Braai Area: Lighting • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Uncovered • Pool: Communal • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Good • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains

Umhlanga Central, Umhlanga

Introduction On the beautiful east coast of South Africa is Umhlanga, a thriving suburb of Durban that has stunning beaches, high-end housing and a lively community. This place is convenient for families as well as professionals who are employed or anyone who has retired, this coastal charm mixes with urban sophistication in Umhlanga. If you have ever thought about relocating, or you just like to visit, then...
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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

40,868.52

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