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R4,500,000

204 Summer View, 245 Summer Way Lane

Monthly Bond Repayment R47,989.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,500
Monthly Rates
R3,403

Location Location Location

This spacious 2 bedroomed apartment on Umhlanga Ridge, has a drive -up access, excellent security- 24 hour guarded access- and sea views!

The open plan living area comprises a large living and dining room, well-fitted kitchen and it open out onto a big covered patio. There are 2 bedrooms, 2 bathrooms, 2 parking bays at the entrance to the apartment. The complex boasts a huge communal pool with a smaller pool for kiddies, showers, and toilets. There is also a car wash bay for residents to use. Visitors can enter the building via the well-presented foyer and take a lift up to your floor. There is also a communal drying area for your washing.

This is a very desirable building, safe and very secure; close to all the amenities - hospitals, hotels, beach, shopping, schools.
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Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
131m²
Land Size
3,191m²

Umhlanga 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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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

 

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Monthly Payment

47,989.33

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