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R6,795,000

5 Lorna Avenue

Monthly Bond Repayment R73,637.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,149

Wonderful Investment Opportunity

Nestled in the heart of Ballito Central, this enchanting investment opportunity beckons with its spacious open-plan design and versatile accommodations. The main attraction is a generously proportioned house featuring a large open-plan layout, ideal for both comfortable living and entertaining guests. Additionally, the property boasts a convenient flatlet, providing flexibility for extended family living or rental income.

Adding to its allure, the property features four loft units, each adorned with modern amenities and boasting a remarkable 4.8-star rating. These units offer a blend of comfort and sophistication, ensuring a memorable stay for guests seeking a tranquil retreat in the vibrant Ballito area.

With its prime location, ample space, and the allure of the loft units' stellar reputation, this investment opportunity presents a compelling prospect for those seeking to capitalise on Ballito's thriving real estate market. Whether for personal enjoyment or as a lucrative rental venture, this property promises both charm and potential for financial growth.

Features

8
7
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Reception Rooms
6
Studies
1
Exterior
Carports / Parkings
8
Security
Yes
Flatlet
1
Pool
Yes
Views
Yes
Sizes
Floor Size
457m²
Land Size
960m²
Extras
Air-conditioned units

Ballito Central, Ballito

Originally set up as a private township in the 1950s, Ballito (small ball in Italian) has developed into one of the premier KwaZulu Natal holiday destinations as well as being increasingly popular amongst North Coast holiday home and retirement real estate seekers eager to claim their own slice of heaven otherwise known as a property in Ballito.   The attraction that Ballito property holds with prospective buyers...
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The pros and cons of buying a holiday home
With just a few months left before the end of the year and the traditional summer break from work rolls around, many people are already starting to make holiday arrangements. And for some, this includes a plan to look around...
 
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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

R
%

Monthly Payment

73,637.89

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