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R4,300,000

13 Ellcock Road

Monthly Bond Repayment R45,118.01
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,160

*Direct Beach Access: Versatile Residential or Commercial Opportunity**

*Direct Beach Access: Versatile Residential or Commercial Opportunity**

This property presents a range of potential uses:

1) **Large Family Home** - This residence is ideal for larger families seeking ample space. Organized across three levels, it allows for privacy, with each floor offering stunning sea views. Additionally, a spacious pool and lapa provide excellent areas for family gatherings and outdoor braai's.

2) **Family Home with Income-Generating Flats** - For families interested in the prospect of generating supplementary income while owning property, this option is highly attractive. The seaside residence features two fully self-contained flats, each with separate entrances, kitchens, and bathrooms. The larger flat comprises two bedrooms and can generate approximately R8,000 per month in rental income, while the one-bedroom flat has the potential to yield around R6,000 per month.

3) **Bed and Breakfast** - For those considering entrepreneurial ventures, this property offers an exceptional opportunity to establish a Bed and Breakfast due to its prime location.

**Additional Features**

The property is fully enclosed and features an alarm system and electric gate access for enhanced security, along with direct beach access. It includes automated double tandem garages and ample additional parking space. Two generous balconies provide breathtaking sea views, perfect for observing dolphins and whales amid stunning sunrises.

Seize the opportunity to own your dream property by the sea.

Features

6
5
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Flatlet
2
Pool
Yes
Views
Yes
Sizes
Land Size
759m²
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

45,118.01

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