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R850,000

1205 Golden Sands, 99 Snell Parade

Monthly Bond Repayment R9,064.65
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Beachfront investment opportunity

This one-and-a-half-bedroom, two-bathroom apartment is located in a prime North Beach frontline beachfront building. It offers a unique opportunity for renovation and customization to your own taste. The main bedroom is exceptionally spacious, and the half bedroom can potentially be converted into a full-sized second bedroom. With two bathrooms, this layout accommodates the needs of a family.
The kitchen, also spacious, provides the potential for expansion and renovation, allowing for the creation of a larger-than-normal kitchen space. As a corner unit, it offers added privacy. The building is equipped with excellent security measures and full access control, ensuring a safe and secure living environment.
With some renovation work, this apartment has the potential to become the perfect holiday home or a well-priced beachfront residence. The building is home to a supportive community, and its location provides easy access to franchise supermarkets and take-away restaurants.
Living in this beachfront building offers the opportunity to enjoy morning sunrise walks and evening sunset strolls along the promenade, fostering a healthier lifestyle with the refreshing ocean air and the sights and sounds of beachfront living.
Additionally, the apartment's proximity to the Kings Park swimming pool, Kingsmead cricket stadium, and Kings Park rugby stadium, either within walking distance or a short drive away, allows for various recreational activities. It's just a two-minute drive to Suncoast Casino and a five-minute drive to Ushaka Marine World. La Lucia Mall is a ten-minute drive, and Gateway Mall is fifteen minutes away. The airport can be reached in approximately 20 minutes, and there is quick and easy access to the highway for exploring the KZN coastline.
In summary, this apartment presents a unique opportunity for renovation and customization, offering the potential to create a comfortable and spacious beachfront home in a prime location with easy access to amenities and recreational facilities.

Features

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2
Interior
Bedrooms
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Bathrooms
2
Kitchens
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Reception Rooms
2
Extras
Near Medical Center • Near Fitness centre • Fibre • Near Schools • Near Shopping Mall • Safe Location • Near Highway • Near Park • Pets Not Allowed • Built in Wardrobes • Near Beach • Near Bus • Near Shops • Near Public Transportation • Lift-Elevator • Satellite • Fire Escape • By the sea • Water - Tank • Near Hospital • Electrical generator • Near Railway station • Near Children's Park
 
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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

9,064.65

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