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Perfect Investment opportunity or holiday home.
R 890,000
Can I afford this?24 Photo(s)
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1 year ago717 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):124
Video
Description
Margate is a surprisingly exciting town situated on the South Coast of KZN in South Africa. It is the ideal base to explore the surplus of holiday opportunities offered by this sunny stretch of coastline. Margate is the heart of the Hibiscus Coast and is a popular seaside resort in KZN. This Lovely 3-bedroom unit is situated in the heart of Margate. Recently been renovated. This unit boasts 3 bedrooms, 2 bathrooms, a fully fitted kitchen and an open plan lounge and dining room and is set in a well-maintained complex that is wheelchair friendly with elevators in the complex. Walk out onto your balcony and enjoy stunning views of the beach. Furnished. This unit has 24-hour security, secure underground parking and is situated close to all amenities.
Margate's beauty is obvious from the moment you enter into its sub-tropical paradise of golden beaches, coastal forests and endless, sunny days. The resort town of Margate acts as the economic centre for a strip of coastline almost completely made up of accommodation, holiday homes and tourist-related establishments. Margate boasts some of the most beautiful and immaculate beaches including a blue flag beach. The warm Indian Ocean flows across this wonderful coastline providing it with an abundance of beautiful tropical fish and coral reefs. Vast shoals of game fish and large groups of sharks congregating around diving sites such as Protea Banks, makes scuba diving, snorkelling and diving a must in Margate.
Rates And Taxes: 1400
Levies: 2500
Property Reference #: 2615
Agent Details:
Lorraine Ferreira
Property Plus Investments
Shop 19 Rondevoux, William O'Connor Drive, Margate, Durban
Umtentweni
Margate's beauty is obvious from the moment you enter into its sub-tropical paradise of golden beaches, coastal forests and endless, sunny days. The resort town of Margate acts as the economic centre for a strip of coastline almost completely made up of accommodation, holiday homes and tourist-related establishments. Margate boasts some of the most beautiful and immaculate beaches including a blue flag beach. The warm Indian Ocean flows across this wonderful coastline providing it with an abundance of beautiful tropical fish and coral reefs. Vast shoals of game fish and large groups of sharks congregating around diving sites such as Protea Banks, makes scuba diving, snorkelling and diving a must in Margate.
Rates And Taxes: 1400
Levies: 2500
Property Reference #: 2615
Agent Details:
Lorraine Ferreira
Property Plus Investments
Shop 19 Rondevoux, William O'Connor Drive, Margate, Durban
Umtentweni
Id Subtitle 1189948890
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Estimated monthly repaymentR 9,645
Total property loan amountR 890,000
Total interestR 1,424,799
Total repaymentR 2,314,799
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Property Plus Investments
Selling for 4+ years
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