RIVER AND SEASIDE PARADISE IN QUIET GATED ESTATE

R 320,000

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General Details
For Sale By:Agency
Description
EXCLUSIVE SOLE MANDATE. This plot on a gentle slope in Mgwalana Beach Resort estate is a larger than usual erf of 943 square metres. It is conveniently situated near the entrance and nestled behind a large dune ensuring protection from the wind. It is within walking distance to the sea and river.
Mgwalana River Mouth, a private seaside village of 92 freehold erven, is about 40km from Port Alfred, and 110 km from East London. Fish River Resort (golfers paradise) and Mpekweni resort are in very close proximity.
The estate is an enclosed and gated sea/river-side village enjoying pristine beaches and a fabulous river popular with boating enthusiasts, with access out to sea, launching from the beach, or upriver for boating and birding enthusiasts.
Mgwalana offers full municipal services and enjoys access from the R72. Levies are around R300 per month.

Property Reference #: 5582172

Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170

Id Subtitle 1276645007
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Estimated monthly repaymentR 3,468
Total property loan amountR 320,000
Total interestR 512,288
Total repaymentR 832,288
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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Lew Geffen Sothebys International Realty
Selling for 3+ years
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