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R600,000

Monthly Bond Repayment R6,398.58
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,360

Sole Mandate - Two Park Homes in small complex

Two separate wooden park homes available. These park homes are being sold together as 1 share in the cc and cannot be sold separately.

Great opportunity to live in the one unit and rent out the other or rent them both out for additional income. Park homes are a unique and affordable housing option for those looking to downsize or simplify their lifestyle. Situated close to coffee shops, short walking distance to Stenden University and less than a 2km walk to the beach.

Unit 3 offers 2-bedrooms with a separate bathroom and shower. The smaller 2nd bedroom can also be used as a study/office. An open plan kitchenette and lounge area. It also boasts a cute breakfast nook and patio, with one carport. These units are in a small share block gated complex. The levies for these units are R608.00 each.

Unit 4 consists of 2 bedrooms and 2 bathrooms. A private parking area for 1 vehicle. There is a separate lounge and a spacious kitchen area. The levies for this unit are R680.00 each.

Port Alfred is a charming coastal town located in the Eastern Cape of South Africa. It is known for its beautiful beaches, including Kelly's Beach, which boasts Blue Flag status for its cleanliness and safety. The Kowie River runs through the town, offering opportunities for boating, fishing, and other water sports. This scenic river winds its way to the Indian Ocean, creating a stunning natural harbor and estuary. The combination of pristine beaches and a navigable river makes Port Alfred a popular destination for nature lovers and outdoor enthusiasts.

Features

4
3
Interior
Bedrooms
4
Bathrooms
3
Kitchens
2
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes

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:

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

6,398.58

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