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R695,000

1 Kingswood

Monthly Bond Repayment R7,411.69
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Unit In Kingswood Park, Onrusrivier

I am proud to have been exclusively mandated to offer for sale the fully paid-up ordinary shares in the Shareblock company which is linked to a recently renovated unit in the secured Kingswood Park Caravan Park site, in the beautiful coastal town of Onrusrivier, Hermanus. The sale will be on a voetstoots and CASH basis, and the purchaser will be liable for the relatively low costs appertaining to the transfer of the shares sold in the Shareblock company.
This Shareblock company administers and controls the use and enjoyment of the housing units in Kingswood Park and dictates the contractual terms and conditions of a use agreement. These units mostly consist of caravans which were adapted and remodeled into permanent wooden cabin houses, which are served by an excellent ablution block with washing, bathing, toilet, and laundry facilities as well as a sparkling swimming pool for communal use.
These units offer a lifestyle that has become quite popular as permanent residences for starter couples or those who are scaling down. It is a perfect lock-up-and-go to be used for the odd weekend or holiday away from home or it can also be rented out for some welcome additional income – note that tenants are all bound to the conduct rules.
With the concept of so-called tiny houses becoming somewhat of a trend in a market that has become more and more difficult to enter, this one-bedroom unit with an open-plan living/kitchenette space as well as a cute underroof front porch and braai facilities at the back will be quite an investment.
Although this unit is perfect to move in, it may in the future just present an exciting canvas for you to unleash your creativity and turn it into your dream living space. With a little bit of vision and personalized touch, you can transform this unit into a modern and stylish haven that suits your taste and preferences.
In terms of location, Onrus in Hermanus is renowned for its natural beauty, tranquil atmosphere, and proximity to stunning beaches, Residents can enjoy a relaxed coastal lifestyle to essential amenities.

Features

1
0
Interior
Bedrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
60m²
Land Size
90m²
Extras
Country Side • Garden
 
  • 1
 

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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

R
%

Monthly Payment

7,411.69

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