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R1,950,000

Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,627
Monthly Rates
R1,390

A wonderful investment opportunity awaits you.

Experience waterside living at its finest in this charming lock-up-and-go unit in the coastal town of Port Alfred. This delightful home features three bedrooms and a bathroom upstairs, perfect for comfortable family living. Downstairs, the open-plan lounge, dining, and kitchen area create a welcoming space for relaxation and entertainment. The lounge opens onto a north-facing undercover patio, offering stunning views of the Kowie River. A convenient guest loo is also located on the lower level. The property includes a single garage, providing secure parking. This property could also be used as a holiday let or permanent rental property investment.

Residents can enjoy the large communal garden and have access to a communal jetty, ideal for boating enthusiasts. Port Alfred boasts modern shopping malls, a hospital, the renowned Royal Port Alfred Golf Course, and proximity to numerous well-known game parks and beautiful, unspoilt beaches. This home offers a blend of natural beauty and modern convenience, making it the perfect retreat for families seeking the best of everything.

Features

3
1.5
1
Interior
Bedrooms
3
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Sizes
Floor Size
122m²

Port Alfred Central, Port Alfred

Port Alfred is a small seaside resort town on the east coast of South Africa, situated in the Eastern Cape province at the mouth of the Kowie River. It is located midway between Port Elizabeth and East London. Over the last two decades, Port Alfred has experienced steady growth, particularly in its property market, driven by retirees and families seeking second homes. The town offers a variety of properties, from...
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Rosehill Mall is Port Alfred's premier shopping destination
Rosehill Mall offers a shopping experience that perfectly combines convenience with family-friendly features. The mall's beach-style boulevard creates a relaxed atmosphere, while a variety of stores caters to all needs.  With...
 
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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

R
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Monthly Payment

20,795.38

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