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R4,550,000

980 Marine Drive

Monthly Bond Repayment R48,522.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

SHELLY BEACH Lots of potential and brilliant investment for any investor

This house in Shelly Beach is a dream come true for any investor or property Developer.  The property have a main house consisting of 4 bedrooms with a seperate 1 bedroom flatlet .
There is a commune with 6 rooms for renting out with a communal dining room/ lounge and kitchen.  There are 2 ablution blocks with is
6 showers.
Added to this property is a lovely big swimming pool with views of the  ocean.
The minimum income with this property is R30 000 a month. But the house is rented out throughout the year and the income can therefore be much higher.
The property have 2 yoyo tanks one for the house and flat and one for the commune.
This residential property offers the possibility  to apply for commercial zoning due to fact that all the adjacent properties have all commercial status

Features

11
9
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
9
Kitchens
3
Reception Rooms
5
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
4,657m²
Extras
Accessible by Boat • Near Airport • Water - Tank • Veranda • Near Beach • Eat-in Kitchen • Near Schools • Kitchen - Extra • Washing Facilities (in apartment) • Built in Wardrobes • Contemporary • Near Shopping Mall • Frequency location • Roof Terace • Near Golf Course • On Busy Road • City Center • Near Medical Center • Near Fitness centre • First owner • High Traffic • Stone • Sea • Alarm System • Near Hospital • Washing Facilities(in building) • Safe Location • Near Shops • Domestic Bathroom Bathroom • Concrete • Mediteranean • Country Side • Brick • En-suite Bathroom • Shower • Air Conditioning Unit • By the sea • Good reachable traffic • Near Motorway • Unfurnished • North East
 
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R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

48,522.55

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