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R1,999,000

Monthly Bond Repayment R20,294.43
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R2,250
Auction

INCOME GENERATOR CLOSE TO BEACH

Situated in a popular area of Ramsgate, close to all amenities and a one minute walk to the beach. This property consists of 6 apartments, all tenanted, generating a tidy monthly income. Consisting of the apartments as follows: 1) 1 bedroom, bathroom, open plan lounge and kitchen with patio 2) 2 bedrooms, bathroom and separate toilet, open plan lounge, dining and kitchen with a patio 3) 1 bedroom, bathroom and open plan lounge and kitchen and a patio 4) 2 bedrooms, bathroom open plan lounge and kitchen 5) 2 bedroom, bathroom and open plan lounge and kitchen. 6) 2 bedrooms 2 bathrooms, open plan lounge, dining and kitchen. There are stunning ocean views from the top 2 apartments. There are 5 shade ports, and open parking for at least 5 vehicles, back up water tanks and a communal braai area. The property is fully walled and secure. This property needs to be viewed to be appreciated, please contact us ANYTIME to chat further!
Matriarch Real Estate powered by Mandated Property Group (Pty)Ltd

Features

10
7
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
7
Kitchens
6
Reception Rooms
11
Studies
2
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
6
Sizes
Land Size
1,802m²
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

20,294.43

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