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R1,230,000

Monthly Bond Repayment R12,695.92
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R600

3 bedr House and flat Coastal Retirement with Added Income potential in Ilfracombe KZN !

Get ready to embrace an exciting new chapter! For discerning buyers seeking a tranquil coastal retirement with income-generating potential, or astute investors eyeing a unique opportunity, this Ilfracombe property is an absolute must-see! Imagine a charming, rondavel-shaped home nestled on a substantial piece of land, boasting those breathtaking, uninterrupted ocean views you've always dreamed of and enjoy looking at Sardine Runs from verandah!

Envision your retirement days unfolding in the spacious open-plan living areas, where the mesmerizing sea becomes your daily masterpiece. This distinctive residence features three comfortable bedrooms, including a private en-suite, offering a serene retreat. The recent upgrade to modern aluminum window frames ensures low maintenance and lasting appeal.

But the brilliance doesn't end there! A delightful granny flat (or cottage) provides a fantastic avenue for additional income – perfect for supplementing your retirement or attracting long-term tenants. This is your chance to enjoy coastal living while securing your financial future!

Location is simply superb! Picture leisurely strolls to the beach, just a stone's throw away, and the convenience of being mere 5km from the vibrant hub of Umkomaas. World-renowned for the spectacular Aliwal Shoal, Umkomaas offers a thrilling playground for divers and a host of other activities. From championship golf courses and tennis courts to exciting fishing, bowling, and river rafting, adventure awaits! And when relaxation calls, the pristine beaches and charming local eateries are ready to welcome you.

Enjoy the peace of coastal living without sacrificing connectivity. The nearby towns of Scottburgh and Amanzimtoti provide a wealth of additional amenities, ensuring all your needs are catered for.

Exciting Growth on the Horizon:
Ilfracombe and the surrounding Umkomaas area are buzzing with positive development! Furthermore, anticipated expansions in local retail will enhance the quality of life and convenience for residents. This dynamic environment makes this property an even more compelling investment for your future.

This isn't just a property; it's your gateway to a fulfilling coastal retirement with built-in income potential, or a smart investment in a rapidly appreciating location. Don't let this exceptional opportunity to secure your unique slice of coastal opportunity slip away! Contact us today to explore the incredible possibilities that await you!

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Flatlet
1
Domestic Accommodation
1
Sizes
Floor Size
260m²
Land Size
1,767m²
Extras
Bath, Toilet and Basin • Coastal Beach • Built in Wardrobes • Burglar Bars • Carport • Country Style • Curtain Rails • Dishwasher Connection • Covered Patio • Double Basin • En Suite • Granny Flat • Centre Island • Scullery • Open Plan Kitchen • Half Bathroom • Freestanding • Garden • Fireplace
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated 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

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Monthly Payment

12,695.92

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