Newly renovated 4 Bedroom Apartment : North Beach

R 4,500,000

Can I afford this?
2 years ago1525 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):4
Bathrooms (#):2
Size (sqm):135
Parking:Covered
Description
This North facing prime property renovated with the most up to date finishes in the kitchen, built in cupboard and bathrooms. Has ocean view, two apartments made into one!
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.

Property Reference #: RL1362

Agent Details:
CORNERSTONE Property Partners
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420

Id Subtitle 1070378311
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
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.
RECALCULATE
Property Partners Cornerstone (Pty) LTD
Selling for 3+ years
Total Ads863
Active Ads863
Professional Seller
Seller stats
863Total Ads
727.64KTotal Views
Contact Property Partners Cornerstone (Pty) LTD
082*******Show Number
Message
(3997)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.