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R5,500,000

Monthly Bond Repayment R59,603.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R800

Ten Hectare Small holding in Leisure Bay with Ocean views

The large scenic property on the Natal South Coast and boasts 103 869 m² (10.4ha) in the heart of Leisure Bay close to Port Edward. The area is popular with holiday makers and known for its tropical appeal and long sprawling sandy beaches.

In the old days the property was a well-known Banana farm . This property offers a main dwelling and entertainment area plus two separate guest cottages. Each cottage has two bedrooms with all facilities. Both enjoy the treed garden, manicured lawns and ocean views.
There are two additional large outbuildings which were used for packaging, sorting etc. plus garages and staff facilities.

This property will be well suited to anyone looking for some privacy, peace and quiet whilst also enjoying the possibility of additional earning potential through holiday letting cottages or making use of the expansive farm grounds. The property is fencing, with an electric fencing around the living areas.

This property is on the South Coast of KwaZulu-Natal, close to the Wild Coast near the Eastern Cape Province border and close to the Wild Coast Sun and Casino. Surrounded by renowned golf courses. A huge variety of bird life and small buck species can be observed as you make your way towards the warm Indian Ocean to unspoilt beaches! Glenmore beach has a Ski boat club and launching facility!

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Floor Size
380m²
Land Size
103,869m²

Leisure Bay, Port Edward

The southernmost resort town on the KZN Hibiscus Coast is Port Edward. Lying north of the Mtamvuma River, which is the border of KZN & Eastern Cape, this village is a popular holiday & Real Estate choice for those who prefer more tranquil surroundings. The R61 connects Port Edward with Port Shepstone via the coastal towns of Southbroom, Ramsgate, Margate & Shelly Beach. At Port Shepstone the R61 meets up with...
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In the news

Chas Everitt now in Port Edward
Welcome Lionel Woods & Annette Mentz to the Chas Everitt family in Port Edward KZN. Annette started her real estate career in Irene Estate in Pretoria 15 years ago, then moved to Somerset West in the Cape where she was a part...
 
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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

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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

59,603.89

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