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R1,950,000

381 SS BALLITO HILLS, 1 Hills Avenue, Unit 381 Ballito Hills

Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,793
Monthly Rates
R910

AN EXQUISITE INVESTMENT OPPORTUNITY AWAITS A DISCERNING INVESTOR

This stylish apartment nestled in the heart of the picturesque Ballito Hills development is an excellent investment opportunity. It offers a comfortable and modern open-plan living space, with stylish finishes. The kitchen is also open-plan, has modern finishes and is fitted with an oven and hob. Both the lounge and the en-suite master bedroom offer direct access to the covered balcony.

Currently, the property is occupied by a tenant, presenting a turnkey investment opportunity for savvy investors. With a reliable tenant in place, you can start earning returns on your investment from day one. The property's strategic location and in-demand features make it a sought-after rental option in the thriving Ballito real estate market. Situated in the vibrant community of Ballito Hills, this apartment enjoys proximity to local conveniences such as shopping centres, dining options, and recreational facilities. The surrounding area is known for its stunning beaches and coastal charm, adding to the allure of this investment property.

Ballito Hills offers a host of amazing amenities and facilities including a swimming pool, a fully-equipped fitness centre, a spa, paddle court, indoor astroturf, a restaurant, and beautifully landscaped communal areas. Situated in the vibrant community of Ballito Hills, this apartment enjoys proximity to local conveniences such as shopping centres, dining options, and recreational facilities. The surrounding area is known for its stunning beaches and coastal charm, adding to the allure of this investment property.

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
108m²
Land Size
42,750m²
Extras
24 Hour Access • Balcony • Bar Counter • Built In Bar • Built In Braai • Coastal Beach • Common Toilet • Covered Patio • Double Parking • Eco Estate • Gym • Fibre • Gated Community • Immaculate Condition • Green Belt • Oven And Hob

Ballito Central, Ballito

The town of Ballito was established in the early 1960's starting out as a seaside getaway for fishing holidays. Since then Ballito has grown into a thriving town with major retail outlets and a range of both permanent and holiday vacation properties.  The 2.5 km Ballito Promenade is one of the greatest tourist draws of the Ballito stretching from Willard Beach to Salmon Bay. Located along this promenade is a...
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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

 

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Monthly Payment

20,795.38

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