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R135,000

402 Ocean Breeze Hotel, 16 Beach Road

Monthly Bond Repayment R1,416.50
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R468

Share in One Bedroom Beachfront Apartment - Strand.

Become a shareholder in a beachfront holiday apartment and enjoy four weeks per year in a beautiful location. Spend quality family time while dipping your toes in False Bay Ocean or sunbathing on Melk Bay Beach. This studio apartment is located within the Ocean Breeze Hotel, just a stone's throw from the ocean and conveniently close to restaurants, shops, and other amenities in Strand. The apartment comes fully furnished and includes secure basement parking. Shareholders can rent their allocated weeks to close family and friends (public rentals are not permitted). A service fee for linen, cleaning, and electricity is required before your stay. Weeks are allocated on a rotational basis and are not consecutive. A monthly levy is also payable. No pets are allowed.

Please note that this is a cash transaction as banks will not bond a share-hold property.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
27m²
Land Size
1,937m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

1,416.50

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