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R1,525,000

Monthly Bond Repayment R14,716.58
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R1,000

Large Property In An Ideal Location!

A great property investment awaits you in Umkomaas. This home can be used as a B&B or holiday home generating you an income while you stay on the property. The main house consists of 3 bedrooms, and 3 bathrooms, 2 lounge areas and open plan dining room. Enjoy a beautifully finished kitchen with down lights and granite tops.

There are 2 flatlets on the property, one comprising of 2 bedrooms currently separated to generate a rental income. The other also has 2 bedrooms, lounge area and kitchen. The garage has ample space to be converted into a third granny flat. Home is well maintained and has a neatly manicured garden. Well secured with automated gates and fully walled. Private home in an ideal location. Enjoy a fish pond at the entrance of main house. Walking distance to the beach and all amenities.

Umkomaas is well known for its Aliwal Shoal and diving charters. Come and enjoy the treasures of the UNDER WORLD! Lots to do in this area eg golfing, tennis, fishing, bowling, river rafting or just leisure at the beach!! Umkomaas being a famous holiday destination, has all the needs to satisfy its tourist i.e. restaurants, local stores and holiday accommodation, banks etc.
Umkomaas is approximately 35 minutes away from Durban and approximately 55 minutes away from Port Shepstone... Best of both worlds!! Its neighbouring towns are Scottburgh and Amanzimtoti, which as well, are fully fledged towns for your convenience. Investing in these areas is well worth it!!

Features

3
3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
3
Furnished
No
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Flatlet
2
Sizes
Land Size
1,012m²
 
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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

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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

14,716.58

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