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R15,600,000

Monthly Bond Repayment R166,363.02
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R8,000

6 Bedroom House For Sale in St Michaels On Sea

Fantastic Investment opportunity located in St Michael on Sea( KZN), if you are looking for a profitable investment opportunity then take a look at this outstanding property.

This income generating residence accommodates 14 flatlets. With a total of 28 garages 2 garages per unit. A newly built laundry room. With relaxing scenic views. This property is a hidden gold mine with exceptional returns on investment!

- Electric fenced throughout.
- Staff quarters.
- Work shop.
- Store room/ Study.
- Private access to Main home and Apartments.
- Filtered Borehole system in place.
- 2 Bedroom Apartments - individual pre paid electricity.




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Features

6
4
3
Interior
Bedrooms
6
Bathrooms
4
Reception Rooms
3
Exterior
Garages
3
Carports / Parkings
26
Security
Yes
Flatlet
14
Views
Yes
Sizes
Floor Size
8,142m²
Land Size
8,142m²

St Michaels On Sea, Margate

St Michaels on Sea is a small coastal village bordering Shelly Beach and Uvongo on the KwaZulu-Natal South Coast. Situated on the Hibiscus Coast within an easy 10 km commute to bustling Margate, St Michaels is an extremely popular holiday destination as well as a hotspot for retirees. During the holiday seasons, the popular beach at St Michaels is packed with surfers and swimmers. It has become a surfer's...
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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...
 
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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

 

LOAN AVAILABLE

R
%

Monthly Payment

166,363.02

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