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R3,885,000

Monthly Bond Repayment R38,136.85
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Levy
R3,500
Monthly Rates
R3,500

Exceptionally spacious, executive penthouse

Margate Boulevard has this exceptionally spacious, executive penthouse situated alongside the Margate municipal swimming pool, which borders the main beach of Margate. The powdery sands beckon from uninterrupted 180-degree sea views, and the complex is just a short stroll from all amenities, including shops, the beach, restaurants, and a cinema house.

On arrival, park your car in the secure access-controlled double garage and spend your holiday strolling in the warm Indian Ocean sea breezes. Access to the holiday apartment is strictly controlled by coded passes. This particular penthouse is one of only two units on the level, therefore affording privacy by cutting out passer-by traffic.

The unit is completely wheelchair accessible, a lift is available, and our front door is extra-wide. Enter the penthouse through a carved wooden front door into an entrance foyer. The lounge and dining room are open plan, with lovely Italian ceramic floor tiles, and full DStv is provided. The balcony offers breathtaking views, built-in braai facilities and glass balustrades that have been built on exceedingly generous proportions. The oak fitted kitchen boasts views of Margate main beach and is also open plan off the dining room.

There are three bedrooms and the main bedroom opens onto the balcony. The apartment is also equipped with two bathrooms. The house is fully equipped for up to eight guests and is luxuriously furnished. This is the place to come and relax while enjoying breathtaking views.

Facilities

Wheelchair Enabled
Braai/Barbecue
Satellite TV*
Parking on Premises

Potential holiday income R 1500 per day

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
320,000m²
 
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R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

38,136.85

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