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R3,295,000

82 Ray Road

Monthly Bond Repayment R35,138.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R32,000

Spacious 4 Bedroom home plus 2 x 1 Bedroom cottages on the Beachfront - Lawrence Rock

Investors! Holiday Home! or to Retiredown on the beach - this spacious property has 2 x 2 bedroom apartments in the main building and 2 x 1 bedroom apartments in the front building.  All have sea views.  Live in one apartment and do Airbnb with the others.  There are long term Tenants in all of the properties on a month to month lease agreement who would love to stay on if possible.
Main Building- 2 x 2 bedroom apartments:-
Each modern apartment has 2 bedrooms, 2 bathrooms (main ensuite), a large, enclosed veranda downstairs and an open veranda upstairs.  The lounge/dining area - flows through to the open plan kitchen.  The kitchen has plenty of BIC's , eyelevel oven and hob.  There is a laundry area in both units.  At the back (driveway entrance) - both apartments have a massive second lounge area, which could be converted into a studio apartment or, if you are doing B&B - used as the dining area. Parking for at least 4 cars is available. Pre-paid meters
On the seaside of the apartments is a fabulous entertainment area with a stunning sparkling pool and an inbuilt braai area.  The sea views are incredible.
Second Building- 2 x 1 bedroom apartments:-
Each modern apartment has one bedroom with BIC's, a large bath, with free standing shower and loo and a lounge/dining area which flows though to the open plan kitchen.  The upstairs apartment has a balcony and an aircon. There is parking for 3 to 4 cars.  Pre-paid meters.
There are automated gates on both sides of the property - one opens to the Main building from Ray road and the other opens to the smaller building on the seaside road/servitude.  Both ground floor units can easily be made wheelchair friendly.  Pets are most welcome on this fully fenced, secure property.
Rates are R32,000.00 per annum - if you pay in full and on time.
To actually get the magnitude and magnificence of this property and its true potential, one needs to view.  Please contact me via email, whatsapp or call to make an appointment.  Reasonable offers will be looked at.

Features

6
6
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
2
Reception Rooms
8
Exterior
Carports / Parkings
6
Flatlet
2
Pool
Yes
Sizes
Land Size
1,796m²
Extras
Balcony • Shower • Common Areas • Near Beach • Air Conditioning Unit • Sea • Built In Braai • Veranda • By the sea • Near Shopping Mall • Built In Appliances • Wheelchair Accessible • On Quiet Road • East • Built in Wardrobes • Modern
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

35,138.86

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