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R1,499,999

Monthly Bond Repayment R15,482.82
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R1,754
Monthly Rates
R400

Just a walk on the beach from home, offering breathtaking views and a relaxed coastal lifestyle.

Looking for a cozy Apartment, within walking distance to the beach? This cozy 2-bedroom, 2-bathroom apartment is perfectly situated in a quiet Cal de sac within a secure complex, minutes from restaurants, shops and a short drive to Hendrik Louw Primary School.

Suitable for all ages, whether you downscaling, starting out or an investor seeking a rental opportunity including AirBnB, this apartment lends itself to many options. Enjoy the communal pool and secure covered parking, plus the added bonus of a low levy.
Let’s do the sums!

For the investor
This property gives you 10% Net yield giving you a solid investment.

For the end-user.
Over 30 years at prime: Your monthly bond repayment will be ± R14,285
Over 20 years at prime: Your monthly bond repayment will be ± R15,483

Why rent when you can own? With a monthly bond repayment similar to rental costs, investing in your own property allows you to build equity and secure your financial future.

Contact me to arrange a viewing and take the first step toward making this charming apartment your own today. Waiting for your call….. Let's talk!

Features

2
1.5
1
Interior
Bedrooms
2
Bathrooms
1.5
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Pool
Yes
Sizes
Floor Size
73m²
Land Size
1,047m²

In the news

Tyson Properties Overstrand receives remarkable success
Tyson Properties has achieved some remarkable successes in the Overstrand area. Several properties have been sold in Betty's Bay, where principal Colin Michelson recently listed and sold a property within 39 days. Francois Rabe,...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

15,482.82

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