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R2,750,000

Monthly Bond Repayment R29,801.94
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,650
Monthly Rates
R2,324

Beautiful 2 bed simplex in a retirement style complex.

Private wooden deck overlooking Douglas Firs. No steps. Airconditioned 2 bedroom unit perfect for young over 50's looking to downscale. Location. Location. Location. Somerset Valley Estate is located close to shopping, restaurants, hospitals and only 15 mins from Ushaka airport and 5 mins from Umhlanga beaches. Designed for retirement lifestyle with clubhouse facilities and frail care in the grounds, although there is no age limit on ownership or residence. a feature of the Estate are the low levies due to the levy stabilization fund.

Features

2
2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
118m²
Extras
3 aircons. Monkey bars. aluminum windows. Wooden deck

Somerset Park, Umhlanga

The seaside town of Umhlanga Rocks on South Africa’s eastern coast is upmarket and vibrant. Situated 16 kilometres north of the city of Durban, the area has become a great focus of development in recent years, and is no longer just a coastal holiday mecca – it has become a thriving urban landscape too. Umhlanga has much to offer locals and visitors – a glorious subtropical climate, beautiful...
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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

29,801.94

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