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R10,925,000

C2 Ridgemont, 4 Horak Avenue

Monthly Bond Repayment R118,395.00
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,800
Monthly Rates
R3,872

Beach Ocean view Newly renovated

There is no transfer duty payable as VAT is included in the price. Therefore, the price is equivalent to R9 500 000 plus VAT; we can zero-rate the transaction, then no VAT is payable. This unit faces the Camps Bay beach and ocean and has a private SWIMMING POOL.

Short-term Prospect, newly renovated 3-bedroom duplex apartment.
Rental. Our forecasted nett revenue is R1,344,000 per annum. We manage over 160 properties and would fully manage the unit should you purchase it.

Parking garage included and air conditioning throughout.

This unit was bought and renovated entirely to sell for short-term rental use. Property can be sold fully furnished at the right price or for extra.

Features

3
2.5
1
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
1
Security
No
Pool
Yes
Sizes
Floor Size
123m²

In the news

Nox hosts first ever Short-term rental Conference in SA
The conference brought together industry leaders and experts to discuss trends, challenges, and opportunities in the rapidly growing short-term rental market. Attendees gained valuable insights and networking opportunities,...
 
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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

118,395.00

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