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R1,800,000

11 RAVENSWOOD VILLAGE, 6 GEORGE STREET

Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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RAVENSWOOD RETIREMENT VILLAGE IN SEASIDE TOWN

Ravenswood retirement village is located on the west bank of the Kowie River in the sea side town of Port Alfred in the Eastern Cape Province of South Africa. It is situated in George Street at the corner of Southwell Road. Our village is conveniently close to the central business district area, Rosehill Mall, the hospital, Royal Port Alfred Golf Club, Kelley`s blue flag beach and the navigable Kowie River. The small boat harbour at the Royal Alfred Marina offers safe berthing for leisure boats including sea going vessels.

For sportsmen and women there is the Royal Port Alfred Golf club, two bowling clubs and an active tennis and croquet clubs.

Ravenswood is a sectional title village of 42 cottages of varying sizes as well as a community centre with library, all with established gardens. As soon as one enters our village and sees the green and white cottages one experiences a pleasant ambience. Because of the modest number of homes our village tends to be quieter and new friendships can be developed quickly.

Each home owner or tenant at Ravenswood has the services of either of the two village gardeners two half days per month and a gardening company cuts and trims the lawns at regular intervals. There is a high level of security in Ravenswood Village which includes 12 CCTV cameras as well as walls and electric fencing on all boundaries.
Internal CCTV cameras and solar powered street lights.

Multi security do security patrols.

A medical person visits the cottage each day of the week, with local residents doing duty over the weekends.
All Ravenswood occupants have a panic button which is connected to the security company seven days per week.
The nurse does weekday visits to residents. Volunteers visit on Sundays and Saturdays. The nurse is on duty 8-12 weekdays and volunteers visit each home on weekends.
The nurse is on call 24/7, but outside her working hours, a fee of R200.00 is charged for a call-out.

Ravenswood village is a sectional title development started approximately 20 years ago. All building operations have ceased which contributes to the peace and security at Ravenswood Village. The 42 bungalows range in size from 77 to 177 sq. m. The smaller units have a lounge, open plan kitchen, en suite bathroom, bedroom, covered verandah and single garage. The larger units have lounge, open plan kitchen, two / three bedrooms, two bathrooms and a double garage.

Small dogs are allowed.

Exclusive use areas (gardens) at Ravenswood village range in size from 200 to over 400 sq. m.

Minimum age at Ravenswood village being 55 years.

Properties can be purchased and leased to persons who qualify. On the eventual sale of the unit, the unit owner / estate retains the full selling price.
Unit no 6, being section no. 11 and 21, has a single garage, tiled floors, large amount of built in cupboards.
Direct access to cottage.
Further stand alone single garage, presently utilized by the owner as a workshop.
Lounge / dining area, tiled floor, door to north facing sunroom. Three bedrooms, tiled floor, fine built in cupboards in all bedrooms.
Further bathroom.
Modern kitchen.
Enclosed laundry.
Further improvements being large courtyard, two 5 000 litre rainwater tanks plumbed to cottage.
Main bedroom en-suite with walk in dressing room.
The improvements having been fully refurbished and as such are to a very high standard.




Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
141m²
Land Size
392m²

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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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

19,195.73

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