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R1,095,000

30 Coral Heights, 12 West Coast Road

Monthly Bond Repayment R11,677.40
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,700
Monthly Rates
R250

Calling Investors! Tenanted 2 Bed Ground Floor Apartment

Calling all INVESTORS who is looking for a well prized, lock up and go property near the beach.

This delightful and sunny 2 bedroom ground floor apartment is located in Coral Heights, a popular and secure gated complex in Melkbosch Village, just outside Duynefontein, Melkbos.

This apartment was recently repainted in modern muted greys, and the floors have been retiled throughout. This apartment offers a good size kitchen and a spacious open plan living area, with a sliding door that opens onto the communal lawn at the back of the building. The 2 bedrooms has sufficient BIC’s and some blinds, and the main bedroom is very spacious. There is a shared bathroom with a beautiful, modern ball and claw bathtub and a shower over it.

The apartment has prepaid electricity and it is fiber ready. One exclusive parking bay is right outside the apartment, with additional visitor parking in the complex. The complex has good security, with electric fencing all around and a guard at the gate for controlled access. Laundry facilities are available in the complex. The complex is well managed and maintained, with large open grassed areas for the kids to play in the middle of the complex. Melkbosch Village is conveniently located near all amenities like shops, several schools, Netcare Hospital and the convenient MyCiti bus service stops right outside the Complex.

For investors, this offers an excellent return on investment with a rental of R9,500 per month. Lease expires 31 AUG 2025.

Please note NO PETS allowed.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
53m²
Extras
24 Hour Access • Built in Wardrobes • Electric Fencing • Electric Gate • Open Plan Kitchen • Security Complex • Stove • Single Parking • Tiled Floors
 
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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

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Monthly Payment

11,677.40

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