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GALLERY

R2,500,000

Monthly Bond Repayment R26,660.74
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,000

4 x 2 bedroom, 2 bathroom Flats

PERFECT INVESTMENT PROPERTY - 4 x 2 bedroom Flats

Ideally located convenient to central Margate and all amenities, this is a perfect investment property as the flats are highly sough after when available for rent.
The property is split into 4 flats (2 on each floor), each unit is 110 sq.m consisting of spacious entrance hall, expansive lounge/dining room open plan with large kitchen and have patio doors to either a very spacious balcony or patio, plus 2 bedrooms and 2 bathrooms. Each unit has a pre paid electricity meter and own water meter.
There is also a laundry, storeroom and braai area for tenants use.
Each unit has a separate garage, two of which are automated.
Worth viewing if you are an investor.

Features

8
8
4
Interior
Bedrooms
8
Bathrooms
8
Reception Rooms
8
Exterior
Garages
4
Security
Yes
Sizes
Floor Size
440m²
Land Size
970m²

In the news

Spotlight on: KZN South Coast
The South Coast of KwaZulu-Natal, always a popular holiday destination for South Africans, has recently also begun to attract more attention from those seeking to semigrate from SA's big metros to smaller country and coastal...
Published 8 Apr 2021
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

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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

R 

26,660.74

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