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R1,300,000

64 FRENCH STREET

Monthly Bond Repayment R13,863.59
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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LEVEL PLOT ABUTTING THE COUNTRY CLUB IDEAL FOR RESIDENTIAL DEVELOPMENT

Situated on a vast 15,375 square meter plot ideal for residential development, this property boasts proximity to the river and borders a prestigious country club/housing development. Enclosed by a secure palisade fence on one side, access is provided via French Street through a discreet pan-handle entrance.
Port Alfred, nestled along the scenic Kowie River, offers panoramic views of the river mouth and the Indian Ocean amidst lush vegetation and rolling hills. Enjoying a mild climate year-round, Port Alfred is a sought-after holiday destination.
Originally named "Port Francis," the town was renamed in honour of the Duke of Kent and Strathearn by British settlers, playing a pivotal role in early trade and exploration across the Eastern Cape and South Africa. The community in Port Alfred reflects a rich cultural diversity encompassing Xhosa, English, and Afrikaans heritage.
Renowned for its pristine beaches ideal for sunbathing, swimming, surfing, and jet skiing, Port Alfred also hosts the esteemed Royal Port Alfred Golf Club, acclaimed for its verdant greens and spectacular vistas that attract enthusiasts globally. The town's proximity to various game reserves allows visitors to encounter the Big Five and other wildlife up close, further enhancing its allure as a destination celebrated for its natural beauty, historical significance, and vibrant cultural tapestry.



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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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

13,863.59

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