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R1,650,000

Monthly Bond Repayment R17,881.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R591
Monthly Rates
R1,600

Ground floor Studio apartment, sea-facing in Ocean Club Zimbali Lakes

DUAL MANDATE: This stunning ground floor, sea-facing, studio apartment, situated in the premium Ocean Club Zimbali Lakes Development, offers a private patio and garden area. This is a corner unit in the 2nd row and one of only a few sea facing apartments - that offers a lovely sea view.

This luxurious Studio apartment with open-plan bedroom, living space and kitchen. The kitchen and living space open with sliding doors into the private courtyard. It offers an air-conditioner and superior quality finishes, modern comforts and has a separate bathroom with shower toilet and basin. The well-appointed kitchen has a gas hob and undercounted electric oven and offers space for a fridge, dishwasher and microwave.

These gorgeous Studio Suites are set up for short-term letting and is an investor's delight. These apartments will yield fantastic capital appreciation for investors, and it offers the potential to earn substantial year on year returns through the short-term rental facility in this development.

Ocean Club Zimbali developed by Saxony is situated near the Ocean on a prime, piece of elevated land with beautiful views. This development will offer a club house with state-of-the-art gymnasium, heated lap pool, and other lifestyle amenities. Construction has commenced and the first phase comprising 192 apartments will be completed in the next few months.

The Ocean Club development is located on the east side of the M4, and borders Zimbali Coastal Resort. An underpass next to the Ocean Club development links this development to the main Zimbali Lakes Resort with its premium facilities. These premium facilities will include 30-hectare Lakes, a Beach club, the Water Club Tatali precinct, an 18-hole golf course, a Sports Club and world class amenities currently under construction. So don't miss out on the opportunity to become an owner in this amazing Resort. The Ocean Club Development is widely regarded as the best return on investment within the Zimbali area.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
30m²
Land Size
10m²
Extras
Private Garden  • Security  • Shared Pool  • Shared Gym  • 24 Hour Access  • Air Conditioner  • Dishwasher Connection  • Fridge  • Gas Hob  • Guard House  • Internet Port  • Patio  • Security Gate  • Under counter oven
 
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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

17,881.17

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