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Newly renovated 1 Bedroom Apartment : North Beach
R 1,350,000
Can I afford this?
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2 years ago1709 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Parking:None
Description
This prime property renovated with the most up to date finishes in the kitchen, built in cupboard and bathroom.
No holds barred with this renovation, everything done with perfection in mind; just move in!
Well managed and well-maintained block. Suitable for a cash buyer or at least 50% equity and balance can be financed via Nedbank who specialises in loans on Shareblock Pty Ltd properties.
The difference between Shareblock and sectional title is that sectional title unit is individually registered in the owner's name and the banks are more comfortable approving finance for sectional title up to 100% considering the credit score. Where there is a Shareblock ;it's purchasing a share in the company and you have the use of your apartment while you own the shares.
Remember it is still a property investment, where there is a title deed for s/t and full title properties, one would obtain a shares certificate.
Act now before this one goes!!
Property Reference #: RL1359
Agent Details:
CORNERSTONE Property Partners
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420
No holds barred with this renovation, everything done with perfection in mind; just move in!
Well managed and well-maintained block. Suitable for a cash buyer or at least 50% equity and balance can be financed via Nedbank who specialises in loans on Shareblock Pty Ltd properties.
The difference between Shareblock and sectional title is that sectional title unit is individually registered in the owner's name and the banks are more comfortable approving finance for sectional title up to 100% considering the credit score. Where there is a Shareblock ;it's purchasing a share in the company and you have the use of your apartment while you own the shares.
Remember it is still a property investment, where there is a title deed for s/t and full title properties, one would obtain a shares certificate.
Act now before this one goes!!
Property Reference #: RL1359
Agent Details:
CORNERSTONE Property Partners
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420
Id Subtitle 1070376936
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Estimated monthly repaymentR 14,631
Total property loan amountR 1,350,000
Total interestR 2,161,211
Total repaymentR 3,511,211
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 Partners Cornerstone (Pty) LTD
Selling for 3+ years
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