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R1,300,000

Monthly Bond Repayment R13,418.45
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R3,289
Monthly Rates
R1,720

Modern Studio Apartment in Ocean Dune Sibaya – Ideal Investment or Coastal Retreat

Situated in the prestigious Ocean Dune Sibaya, this modern and stylish studio apartment offers a seamless blend of comfort and investment potential. Featuring an open-plan layout with a built-in kitchen, lounge, dining, and sleeping area, the space is designed for both convenience and elegance. The apartment includes a well-appointed bathroom with a shower, toilet, and basin, as well as a private patio that opens up to a rooftop garden, perfect for relaxation. Newly painted and meticulously maintained, this unit is move-in ready.

Residents of OceanDune Sibaya enjoy world-class amenities, including multiple swimming pools, a sun deck with panoramic ocean views, children’s play areas, and scenic walkways through the protected coastal forest. With direct access to jogging trails and the growing Sibaya Coastal Precinct, this prime location offers a balance of natural beauty and modern convenience. Positioned between Umhlanga and Ballito, with easy access to major highways and King Shaka International Airport, the estate is ideal for both homeowners and investors. Short-term letting, including Airbnb, is permitted, making this an excellent opportunity for generating rental income. Whether as a secure lock-up-and-go, a serene coastal retreat, or a smart investment, this studio apartment is a standout choice.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
47m²
Land Size
24,090m²

Sibaya Precinct, 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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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...
 
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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

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Monthly Payment

13,418.45

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