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R440,000

Monthly Bond Repayment R4,692.29
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,300

Charming Two-Bedroom Park Home close to all amenities

Welcome to your new two-bedroom park home in the serene Medolino Caravan Park. Step directly into a cozy lounge area, perfect for relaxing and entertaining. To the left, you'll find a practical kitchen equipped with an undercounter oven, double kitchen sink, and space for your washing machine, all supported by a gas geyser for hot water. The bathroom, also on this side, includes a shower, basin, and loo, ensuring your comfort. To the right of the lounge are two carpeted bedrooms, each featuring built-in cupboards for your storage. Additionally, the property boasts a water tank with a pump, ensuring a reliable water supply even during municipal outages. The owner recently fitted a new IBF roof, and the lounge has had new ceilings installed. This park home offers a blend of convenience and tranquility, making it an ideal retreat.

Unlike freehold property, park homes are movable, meaning you lease the land from the caravan park owners on a 2-year basis. At Medolino Caravan Park, a monthly levy of R3300 covers 11 KL of water, 150 Units of electricity, garden service, park security, and access to all amenities.
There is a tenant living in the cottage and they will need to be given two full months' notice if the unit is sold. Medolino Caravan Park offers a tranquil retreat in the heart of Port Alfred, known for its beautiful beaches and vibrant community.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
41m²

West Bank, 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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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
%

Monthly Payment

4,692.29

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