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R2,973,000

Monthly Bond Repayment R32,218.61
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R5,607
Monthly Rates
R2,513

SEA VIEWS AND MORE.... EXCELLENT HOLIDAY LETTING APARTMENT.... INCOME GENERATING...

This holiday apartment is a fantastic investment opportunity, particularly if you're seeking to generate rental income while also enjoying a seaside retreat. Here's a breakdown of its key features and benefits:

Location: The apartment is ideally situated close to the ocean, just 260 meters away. This proximity to the beach makes it attractive for holidaymakers seeking a coastal getaway.
Accommodation: The apartment offers three spacious bedrooms, each equipped with air conditioning for comfort. This setup allows for ample relaxation space during stays. Additionally, there are two bathrooms, including a main en suite, providing convenience and privacy for guests.
Living Space: The open plan living area is designed to be welcoming and conducive to gatherings. It seamlessly connects with a fully fitted and equipped kitchen, making it easy to entertain friends and family.
Outdoor Features: A highlight of this property is the charming patio that opens from the living area, offering ocean views. This outdoor space is perfect for enjoying the coastal ambiance and alfresco dining.
Additional Amenities: The property includes secure parking with a single lock-up garage, ensuring convenience and safety for residents. Ample visitor parking is also available. There's a well-maintained pool and braai (barbecue) area, enhancing the recreational options for guests.
Rental Potential: This apartment is described as a highly sought-after holiday rental, indicating strong potential for generating rental income. Being sold fully furnished and equipped further enhances its appeal to potential renters.
Investment Opportunity: For buyers looking to invest in a property that can serve as both a personal retreat and a rental income generator, this apartment ticks both boxes. Its location, amenities, and rental history make it a promising investment.
In summary, this holiday apartment presents an attractive opportunity for buyers interested in owning a seaside property with income-generating potential. Its combination of location, accommodation, and amenities positions it well in the holiday rental market, making it a compelling investment choice.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
172m²
Land Size
6,017m²
Extras
24 Hour Access • Air Conditioner • Balcony • Blinds • Fishing Estate • Cooling Fans • Fenced Pool

Compensation Beach, Ballito

Ballito was known for being the holiday town in KwaZulu-Natal, South Africa but over the last several years, many South African citizens have decided to make it their permanent place of residence. Ballito is located roughly 40 kilometres North of Durban and it forms part of the KwaDukuza Local Municipality and iLembe District Municipality. Thanks to the constant development of properties in the area, holidaymakers...
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Thinking of Selling your Home?
With the holidays having come and gone, many of us have realised the need for a larger home, or one which is more entertainment ready.  You have done the numbers, or realised renovating or extending your home is just not for...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Campbell Property Group website is accurate and up to date, Campbell 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

32,218.61

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