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R7,999,000

Monthly Bond Repayment R86,685.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500
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FANTASTIC INCOME GENERATOR OVERLOOKING TOTI'S MAIN BEACH

We all know that the secret to owning a great property is location, location, location!

You can't go wrong with owning this fantastic income generator, situated on Kingsway, in the heart of Amanzimtoti within walking distance to the main 'Toti beach and local shops - it is the ideal location for holiday makers or corporate guests with easy access to the freeway and the local Galleria Mall.

Featuring 4 fantastic apartments and a ground floor free-standing simplex, all tastefully furnished and fitted with top class finishes, this property is the perfect income generator or ideal for an extended family who dreams of living by the sea.

The gorgeous penthouse unit is the star of the show and boasts 3 en-suite bedrooms (main with walk-in closet) - it is bright and spacious and features breath taking beach and breaker views with a beautiful kitchen with feature SMEG stove, fitted cupboards, granite tops and large pantry - the inland views from the kitchen window are the perfect spot to watch the incredible sunsets to the West.

On the 2nd floor you will find 2 apartments, both with 2 en-suite bedrooms, gorgeous fitted kitchens and large living area's leading out to a communal entertainment area overlooking the sea.

The ground floor bachelor apartment offers spacious accommodation with a fitted kitchen and en-suite bathroom and offers views over the garden and an outside patio.

A free-standing 2 bedroom simplex completes the picture and is set away from the main building with its' own private garden.

The property is fully walled and provides ample level parking as well as a secluded splash pool to cool off on those hot summer days.

Garaging is provided for 3 vehicles (with automated doors) and an outside laundry is tucked away on the side of the building.

Features

10
9
3
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9
Kitchens
5
Reception Rooms
6
Exterior
Garages
3
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Land Size
1,275m²
Extras
Pets Allowed

Amanzimtoti, Amanzimtoti

The coastal town of Amanzimtoti is the gateway to the KwaZulu Natal South Coast and one of the most popular holiday destinations in South Africa.  'Toti' as it's more commonly known to the locals, which is just 27km south of Durban, hugs a shoreline of beautiful golden beaches along the warm Indian Ocean. Amanzimtoti Beaches & Ocean Activities As is common in the Zulu Kingdom, Amanzimtoti...
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Disclaimer: While every effort will be made to ensure that the information contained within the Team Seven website is accurate and up to date, Team Seven 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

86,685.73

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