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R1,180,000

Monthly Bond Repayment R12,583.87
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,020
Monthly Rates
R980

Ideal investment property in sought after Cormorant

Cormorant is known for its safety and is a well-managed complex. It is, for this reason, this is a hot property.

Set on a stand bordering the fence, this unit is walled and offers the owner or potential tenant much desired privacy. The unit is immaculate and is move-in ready. The spacious living area opens onto a private patio which is ideal to braai on. The kitchen is compact but well laid out. You will find a guest loo downstairs. Upstairs there are 2 bedrooms and a full bathroom. The balcony in the main bedroom is a perfect extension of the room.

The property is sought after and is worth viewing.

Features

2
1.5
1
Interior
Bedrooms
2
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Sizes
Floor Size
104m²
Land Size
8,800m²
Extras
Garden • Burglar Bars

Meer En See, Richards Bay

Meer En See, a vibrant coastal community, offers a picturesque lifestyle with a blend of modern amenities and natural beauty. Situated around the deep-water harbour of Richards Bay, it provides residents with a unique living experience. Meer En See residents benefit from proximity to schools, shopping centres, recreational facilities, and the picturesque waterfront. The housing market in Meer En See offers a mix...
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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

12,583.87

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