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R1,599,000

Monthly Bond Repayment R17,328.48
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,245

Secure Retirement Complex

Garanzia Villas works in collaboration with Jeffreysrus Retirement Villas and residents will have full access to all the existing facilities, which include: social gatherings arranged by Jeffreysrus, recreational hall for small functions and meetings, sickbay which can handle small procedures with emergency personell which is available at all times, the fees for the sickbay are the same as for the residents of Jeffreysrus, sister visit once a week on site and the minibus can transport residents once a week on request.

The two-bedroomunits are 98m² and consist of an open plan lounge to kitchen, 2 bedrooms, shower bathroom and a single garage with direct access into the unit. All the units are wheelchair friendly.

The prospective resident purchases life right to the property and it could be sold under the following conditions:

- If the property is sold within 3 years of purchase, receive 85% of the purchase price.

- If the property is soldafter a period of 3 years, receive 75% of the purchase price.

The monthly levy of R1,245 is payable for: 24-hour security and armed response, medical facilities, all rates and taxes, garden services, maintenance on the outside of the unit and water usage. Electricity usage is for own account, prepaid meters are however installed.
The purchase price includes all costs e.g. attorney and transfer fees, bond costs are not included.

A few new loose standing units in Phase 4 are still available at the same price. Contact me now for a viewing.

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
98m²

Wavecrest, Jeffreys Bay

Jeffrey’s Bay in the Eastern Cape– fondly known as “J-Bay” to locals – derives its name from one of the senior partners of a pioneering firm in the area called “Jeffrey & Glendinnings”, which opened its doors back in 1849.   The former ‘hippie hangout’ and small fishing community has since evolved to become a rapidly expanding urban area, to add to its...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

17,328.48

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