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R22,000,000

Monthly Bond Repayment R230,836.32
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R4,450
Monthly Rates
R8,000
Special Levy
R20,000

EXCLUSIVE, EXCEPTIONAL, THE EXECUTIVE

High floor to ceiling windows framing stadium, city, and sea views making this an entertainers dream. 4 well appointed en suite bedrooms, the main with a top of the range walk-in dressing room. Patios, balconies and desks, this home has them all, excellent indoor and outdoor flow, spacious gracious and light. Must be viewed in person to be appreciated. Full staff facilities and garaging for 6 vehicles.

Secure, pet friendly gated Estate, perched high upon the La Lucia Ridge. This estate is maturing into one of the most sought after premier residential estates in KZN. The setting ensures that the look and feel is really quite unique to other estates in the greater Durban area. The architecture is modern, featuring cantilevered decks, terraces and light timber screen elements, to create the effect of a building structure that floats on the hillside. It has been designed to capitalize on its natural assets, optimizing views and enhancing outdoor and indoor living spaces in order to blend architecture with nature.

Features

5
5.5
4
Interior
Bedrooms
5
Bathrooms
5.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
4
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
763m²
Land Size
852m²

La Lucia Ridge, Umhlanga

The seaside town of Umhlanga Rocks on South Africa’s eastern coast is upmarket and vibrant. Situated 16 kilometres north of the city of Durban, the area has become a great focus of development in recent years, and is no longer just a coastal holiday mecca – it has become a thriving urban landscape too. Umhlanga has much to offer locals and visitors – a glorious subtropical climate, beautiful...
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In the news

Umhlanga UIP Drives Growth in Property Value
We’ve all heard the old adage “Location, Location, Location” when considering the purchase of property. Whilst there is much truth to this statement, quality management of a location is increasingly becoming a...

This House is found in The Executive

2 Listings For Sale

The executive is an exclusive residential estate with 56 freestanding residential units and 64 apartments. The vision to create a prestigious, contemporary hilltop development that is the ultimate residential estate in Durban. Set in lush, subtropical vegetation, the architecture is modern, featuring hanging and cantilevered decks, terraces and light timber...

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This House is found in The Executive

1 Listing For Sale

Theater

THE JEWEL OF LA LUCIA RIDGE
This pet friendly, secure, gated estate is maturing into one of the most sought after premier residential estates in KZN. With 90% occupation by the end of 2018 and the entire estate due for completed by the end of 2019, many exciting surprises are experienced by residents and visitors alike.
With all the...

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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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

230,836.32

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