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R7,495,000

Monthly Bond Repayment R79,928.90
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R8,212
Monthly Rates
R3,309.7

Luxury Oysters - Excellent sea views

North facing Wonder at the Sea.
Become an owner in One of Umhlanga's Finest apartment complexes on the promenade.
This spacious 3-bedroom apartment (2 on suite)plus a third bathroom, in the popular Oyster Rock is perfect for the discerning buyer.
Have the opportunity to Wake up to the beautiful Sunrises over the sea that Umhlanga is famous for.
The open plan kitchen is an Entertainers Dream as has beautiful sea views and a great flow onto the lounge and the Wrap-around balcony with the most magnificent sea views.
Buy the Lifestyle at the Oysters which is in walking distance to the promenade, beach and the village while you park your car in one of the two secure basement parking bays.
Luxury all the way. The furniture is included (excluding a few personal items) and is currently doing Short term rentals for a great return of R3500 - R7000 per day.
Don't delay. I look forward to your call.

Features

3
3
2
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
184m²

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

 

LOAN AVAILABLE

R
%

Monthly Payment

79,928.90

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