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R1,100,000

Monthly Bond Repayment R11,920.78
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,200
Monthly Rates
R750

2 Bedroom Apartment For Sale in Margate

This modern apartment is situated in the heart of Margate in a PRIME LOCATION where everythingis happening, a skip away from Margate main beach and walking distance of all the restaurants, pubs, nightclubs and cocktail bars. This is a PERFECT park and go unit.

The unit consist of:
2 x Bedrooms
2 x Bathrooms
Lounge
Kitchen
Large balcony with a build-in braai
Beautiful seaviews

The complex offers a lift, so no need for stairs. The unit comes with 2 x parking bays in the basement. The Apartment is safe and secure and is sold fully furnished and equipped. The unit also have a aircon for those hot summer days.

This unit is used as a holiday letting and does very well with an income between R15k to R18k per month and in season alot more. This can be provided to serious buyers.

This is the perfect investment as this unit will pay for itself and with a BIG BONUS the Levies is very low. Not often you find an Apartment with low levies and it is in immaculate condition.

Rates: R750
Levies: R1200

Selling for ONLY: R1,1mil, fully furnished

Don't miss it on this great investment, call us today and lets make this one yours.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
2
Sizes
Floor Size
87m²
 
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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

R
%

Monthly Payment

11,920.78

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