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R1,700,000

Monthly Bond Repayment R18,423.02
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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2 Bedroom Apartment in luxury Block in Dormehls Drift, George that offers incomparable lifestyle

Invest in your LIFESTYLE!
Transfer Duty Free
NEO Victoria sets a new standard of apartment living in George, harmoniously combining design, energy efficiency, and quality finishes.
This Apartment block offers an incomparable lifestyle and investment opportunity.  Construction is progressing very well.
The building features iconic mountain views from many of the residences as well as impressive amenity spaces that will make you feel at home right away!
With perfectly manicured common areas, peace of mind and comfort are at the heart of the building.
Neo Victoria is also a great investment as the rental market is driven by the recent and growing semigration as per an article published by Property360.
Bachelor and One bedrooms units sold out but there is still  2 Bedroom Apartments left for prices that vary from R1 700 000 to R1 980 000.
Of the 42 units 29 have already been sold since launch - only 13 left so be quick to respond.
This Executive Apartment offers:2 Well sized Bedrooms2 Bathroom en-suite1 Dedicated Parking BayBuild-in CupboardsOpen Plan Kitchen, Dining room & LoungeStudy NookBalcony with built-in braai to relax after a busy day
George offers residents the natural beauty of mountains and ocean, a municipality that regularly receives a clean audit, an airport recognises as a logistic hub, and a preferred lifestyle good for property prices.
George is still one of the most sought-after areas on the semigration list.  According to statistics property prices in George increased by 121.7% from 2019 to 2023.
Construction is progressing very well and units will be ready to occupy June/July 2024, so be quick to be the first owner of one of these beautiful apartments!!
We are looking forward to providing our service to you with passion and commitment to excellence.
Through a Bond Originator, we also assist our clients to obtain up to a 100% bond from various banks at no cost to the purchaser! T’s&C’s apply.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
63m²
Extras
On Quiet Road • Open • Fire Escape • Garden • Fireplace Room • Near Schools • Brick • Modern • Near Airport • Near Medical Center • Roof Terace • Near Beach • Near Subway • Near Shopping Mall • Near Congress-Centre • New Building • Gas - Natural • Kitchen-Dinette • Concrete • Closed Circuit TV • Balcony • First owner • City Center • Good reachable traffic • Near Golf Course • Shower • Common Areas • Neoclassic Style • Lift-Elevator • Near Fitness centre • High Speed Internet • Gas Oven • Pets Not Allowed • Near University/Campus • Near Bus • Satin Paint • Near Shops • Near Hospital • Near Highway • Covered Parking • Soundproof • En-suite Bathroom • Security - System • Fibre • Mountain • Unfurnished • Built in Wardrobes • Safe Location
 
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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

18,423.02

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