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R725,000

Monthly Bond Repayment R7,360.41
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Levy
R4,294.0

LOVELY (1 BED) CORNER COTTAGE WITH AUTO GARAGE AT FAIRYDENE RETIREMENT VILLAGE.

Buyers 50 & over, working or retired! Don't miss out! Fairydene is a share block complex, not life rights or sectional title (So cash buyers OR subject to sales, welcome). Situated in the Sarnia area (Superb of Pinetown). This corner garden cottage is nice & private, positioned just a few meters away from its automated garage. Offers 1 spacious bedroom with ample (BIC). En-suite bathroom (Shower, basin & loo). Cream & oak melamine kitchen.
Large open plan lounge, dining & enclosed veranda & a paved garden.

THINGS TO KNOW AT FAIRYDENE - Fairydene is a popular retirement village for buyers 50 & over, working or retired. 24-hour security. Includes communal lounge & dining hall with daily lunches Monday to Friday (Only 4 meals a month are a compulsory) & you can purchase as many extra meals as you want!

There is an optional lunch roast every Sunday. Extras include a library, puzzles, hair dressing salon, weekly entertainment, shuttle bus service & an independent frail care facility.

The monthly levy Includes rates, water & a portion of laundry from the laundry service!

SECURITY - The complex has 24-hour manned security. CCTV security cameras around the complex. The complex is enclosed by a 2-meter concrete panel wall, with Razer wire, topped with an electric fence.

TO QUILIFY - You need to be at least 50 years of age & in good health. Once you have signed an offer to purchase, you will need a medical by your own GP + an interview by the complex nurse & 2 trustees for final approval & acceptance. Remember, Fairydene is a retirement village for independent living. This is a share block complex, so no transfer fees, just a change of shares & the share certificate can be in your name within 2 to 3 weeks from date of payment. A cash purchase is preferred (cannot be financed with a bond) & subject to sales are welcome.

Call me for more detailed info on this great buy & the complex itself.

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
50m²

Sarnia, Pinetown

Pinetown Pinetown is an industrial town just inland from Durban in KwaZulu Natal, South Africa. It was established in 1850 around the Wayside Hotel, which was built the year before along the main wagon route between Durban and Pietermaritzburg. It was named after the governor of Natal, Sir Benjamin Pine. The British built a concentration camp here during the Second Boer War to house Boer women and...
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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

7,360.41

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