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R520,000

623 John Ross House, 20 Margaret Mncadi Avenue

Monthly Bond Repayment R5,456.13
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,557.7

Coastal Living: Modern 1-Bed Apt with Sea Views

Located at 20 Margaret Mncadi Avenue, this spacious beautifully renovated open plan dining and lounge, 1-bedroom, 1-bathroom apartment is now on show, offering prospective buyers a prime opportunity to own a slice of coastal living.
Encompassing 74 square meters of thoughtfully designed living space, this apartment boasts an east-facing position with breathtaking sea views. Constructed with durable concrete and recently updated, the property combines modern elegance with timeless appeal. Its location delivers both convenience and tranquility, standing proudly near the bustling shopping mall, offering easy access to shops and dining, all within a safe neighborhood environment.
Though tenant-occupied, this apartment provides an excellent investment opportunity with strong rental potential. Its location and amenities attract an array of prospective tenants, ensuring consistent occupancy. One thing to note is that pets are not permitted, preserving the peace and cleanliness of the building.
Set within a sprawling total lot size of 8292 square meters, the building offers ample space and comfort right by the majestic sea. Don’t miss the chance to experience the perfect blend of comfort, style, and oceanfront living. Contact us today to arrange a viewing and make this coastal gem your new home or investment property!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Sizes
Floor Size
74m²
Land Size
8,292m²
Extras
Near Shopping Mall • Sea • Safe Location • East • By the sea • Pets Not Allowed • Renovated • Concrete
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

5,456.13

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