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R3,295,000

Monthly Bond Repayment R35,708.15
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,200

4 Bedroom Home Plus Separate Cottage

SOLE MANDATE

This large double-story fixer-upper home is ready to be remodeled and renovated, offering an income potential of R35,000 per month.

The multi-purpose home with breaker views offers 3 bedrooms and 2 bathrooms, along with a large open-plan kitchen, dining room, and lounge. Additionally, there is a huge entertainment room with a fitted bar, as well as a large 4th bedroom with a bathroom and a spacious open-plan room or flat with its own entrance.

There is a double LUG (Lock-Up Garage) and a double carport.

The property also includes a second self-contained flat with 1 bedroom, 1 bathroom, an open-plan kitchen, and a lounge, all with its own entrance. There is an LUG and carport available for this flat as well.

The location is close to the beach and offers easy access onto the N2. It is only 25 minutes away from King Shaka International Airport.

NOTE: Solar and inverter are not included in the price.

Features

5
4
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
2
Reception Rooms
3
Exterior
Garages
3
Carports / Parkings
2
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
400m²
Land Size
1,010m²

Salt Rock, Ballito

Ballito, the heart of the North Coast just 30 minutes north of Durban, lies nestled between rippling fields of sugar cane, KwaZulu Natal’s famous Green Gold, and is flanked to the east by golden beaches and the warm waters of the Indian Ocean. Ballito is the Pearl of the North Coast. The town’s origins date back to 1953, when a group of entrepreneurs began investigating land to develop a township in...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

35,708.15

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