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R1,350,000

Monthly Bond Repayment R13,705.59
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Investment Gem on the Ramsgate-Margate Border

Situated on the desirable Ramsgate-Margate border, this versatile property offers the perfect blend of convenience and tranquility. Enjoy quick access to the vibrant heart of Margate, including the Business Hub and popular Main Beach, while also benefiting from the peaceful, nature-rich setting of Ramsgate.

The property features one large house that has been expertly divided into four separate rental units, each with its own private entrance and tenant. This setup offers an excellent investment opportunity with solid rental income already in place. The current tenants are respectful, long-term, and willing to continue their leases—making it an ideal, hassle-free option for any investor.

Each unit enjoys its own cornered-off space, ensuring privacy and independence, while the spacious grounds provide ample parking for all residents. This unique layout minimizes interaction between tenants while maintaining a friendly, cooperative atmosphere.

Whether you're looking for an income-generating asset or a long-term investment, this well-positioned property delivers on space, return, and location.

Features

5
5
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
4
Reception Rooms
4
Studies
1
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
4
Sizes
Land Size
1,227m²

In the news

🌊 Join Us for a Beach Cleanup Day! 🌊
Call Gert 0844109242 for more info 🗓 Date: Saturday, 21st September 2024 📍 Where: 1 Bank Street, Margate ⏰ Time: 8:30 for 9 AM (2 hours) Let's come together to keep our beautiful coastline pristine! Grab your...
 
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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:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

13,705.59

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