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R9,950,000

4 Milkwood Way

Monthly Bond Repayment R106,109.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,217.3
Monthly Rates
R3,710.5

TRANQUIL OASIS WITH FOREST VIEWS AND POOLSIDE ENTERTAINMENT

An exquisite home nestled in the prestigious Simbithi Estate, a gated community renowned for its natural beauty and upscale lifestyle. This stunning property boasts distant sea views and is surrounded by lush forest, providing a serene and picturesque setting. The home is designed with luxury and comfort in mind, featuring a self-contained flatlet on the ground floor, perfect for guests or extended family. The main living area and four generously sized bedrooms with ensuite bathrooms are located on the top floor, providing ample space for relaxation and privacy.

All bedrooms open onto a patio that encircles a sparkling pool and entertainment area, creating a tranquil oasis for outdoor living and entertaining. The open-concept design of the living areas, including the kitchen, lounge, and dining areas, seamlessly flows onto a large covered patio, which overlooks the pool. This makes it an ideal space for hosting gatherings or simply enjoying the idyllic surroundings. The property offers a sense of privacy, nestled among the verdant forest, allowing for a serene and secluded lifestyle.

When Simbithi was conceptualized in 2003, ‘home’ was at the heart. Today, the 430-hectare estate embodies the ideology that ‘home’ is not just a location; ‘home’ is a feeling. In its 19 years of existence, Simbithi has become a unique, eco-friendly residential community that co-exists harmoniously with wildlife and nature. A world-class Golf Course, thriving Community Centres, and a family-oriented restaurant make Simbithi the estate of choice for families in KwaZulu-Natal.

Simbithi Country Club incorporates a selection of eateries, wedding and conference venues, and the unparalleled 18-hole Executive Golf Course. Also located at the Country Club is the Simbithi Office Park, managed by the Simbithi Commercial Zone Management Association The jewel of the Simbithi Country Club is undoubtedly the magnificent 18-hole golf course, designed by Peter Matkovich. Thoughtfully-placed greens that hold a well-struck shot, pristine fairways, and a layout that allows you to play every club in your bag. South Africa’s first executive course, Simbithi has a par of 60 comprising par-3s, par-4s, and one par 5. Each hole is intriguingly named after the area it occupied when Simbithi was once farmland.

Simbithi currently offers 730 sectional title properties and 1,035 freehold properties, a total of 1,765 residential properties. The current median price is provided as R5,050,000. Simbithi is a vibrant property market with R848,65m in sales transactions recorded in 2021 across 168 sales.

Features

5
5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
2
Reception Rooms
5
Studies
1
Exterior
Garages
3
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
508m²
Land Size
1,511m²
Extras
Above Road • Air Conditioner • Aquatic Activities • Balcony • Bath Toiletand Basin • Boomed Area • Balcony Room • Built in Wardrobes • Double Parking • Driveway • Double Storey • Entrance Hall • Eco Estate • Country Living • Country Club • Electric Garage • Open Plan Kitchen • Security Estate • Scullery • Open Plan • Tiled Floors • Deck • Blinds • Cooling Fans • Covered Patio • Wallpaper

Simbithi Eco Estate, 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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

106,109.75

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