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R12,000,000

3 Fairway Drive

Monthly Bond Repayment R125,910.72
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R7,877.2

GORGEOUS TUSCAN DESIGN BOUTIQUE HOTEL VERY NEAR TO THE BEACH

This expansive property is commercially registered and has an easy drive-through with fleeting parking for 18 vehicles. Accommodation is generous, with all suites including refrigeration and air conditioning, plus 2 flatlets. Guests can enjoy relaxing around a communal pool area with an outdoor bar facility, surrounded by lush gardens on well-kept grounds. The property is located within a very short distance from the beach. This property is in good condition and is a must-see! Breakfast is served from the kitchen and may be enjoyed in the dining area, or from the privacy of the suite balconies.

The property is well-secured and security features include CCTV camera surveillance. Financials are available on request.

Salt Rock has become one of the most popular and desirable North Coast suburbs attracting a steady demand from families semi-grating from Gauteng to enjoy the exceptional lifestyle benefits provided and demand from families migrating northwards from suburbs closer to Durban. The Salt Rock main beach has become one of the go-to beaches and meeting places for residents and epitomizes what the sea and beach lifestyle of KZN can offer. The famous Salt Rock tidal pool is a favorite for children and the array of restaurants and shopping destinations is impressive.

The suburb of Salt Rock has 755 residences divided between 673 freehold homes and 82 sectional title properties. 42% of recent buyers in Salt Rock have been aged between 36-49, indicating that people with younger families are choosing Salt Rock as their preferred destination. Across the suburb, the median price for a freehold home has been recorded as R2,950,000 and for a sectional title opportunity R2,420,000. For a suburb this popular and offering so much demand typically outweighs supply.

Features

16
16.5
Interior
Bedrooms
16
Bathrooms
16.5
Kitchens
3
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
18
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
998m²
Land Size
2,229m²
Extras
24 Hour Response • 24 Hour Access • Air Conditioner • Alarm System • Bachelor Studio • Balcony • Bar Counter • Built in Wardrobes • Closed Circuit TV • Communal Braai Area • Covered Patio • Double Storey • Driveway • Electric Fencing • Aquaculture • Deck • Awning • Balcony Room • ADSL • Electric Gate • En Suite • Entrance Hall • Fridge • Garden Flat • Extractor Fan • Gas Hob • Granite Tops • Icemaker • Open Plan Kitchen • Rollup • Secure Parking • Sliding Doors • Scullery

Salt Rock, Ballito

Salt Rock is a vibrant gem situated only a 30 minute drive from Durban city on the Kwa-Zulu Natal North Coast. A popular holiday destination for both local South Africans and International visitors alike, Salt Rock offers a relaxed atmosphere and laid-back lifestyle only a stone throw away from the busy city. This town offers all the creature comfort amenities you could need in a year round sea-side holiday...
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

125,910.72

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