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R2,850,000

Monthly Bond Repayment R30,885.65
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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House with 4 cottages

Located in in one of the well established and quiet streets of Mtunzini this original property consist of a 5 bedrooms house and 4 cottages. Classic coastal living at its best as well as an opportunity of a great return on your investment . 4 self containing cottages scattered among magnificent mature trees can be rented out permanently or serve as holiday accommodation and are a great income generating assets. This spacious property, with a help of little face-lift can become a perfect oasis of so sought after coastal, laid back life-style. Great location: so close to shops, schools and restaurants yet enveloped in privacy of its own garden. Swimming pool, store room and a laundry complete this large property. Why not transform this space into your dream home, studio flats, artists workshops- perfect choice for families or investors looking to join Mtunzini's rental market or an Air B&B community.
The property is undergoing a proposed subdivision, the part available for sale is approximately two/ third of the original size.
Of all of the attributes of the little village where the house is situated, the Umlalazi Nature Reserve, under the protection of Ezemvelo KZN Wildlife, is the source of serenity. Get back to nature under the beauty of all that Mtunzini has to offer, and have the best of both worlds by living and working from this special village. As the pearl in the Zululand crown, Mtunzini is close enough to big centers and yet far enough away to escape the rat race. Only 43km from Richards Bay, 87km from Ballito and 105km from King Shaka International Airport. It enjoys a sub-tropical malaria-free climate. Offering magnificent sea views, quality residential homes and various shopping facilities, Mtunzini caters for all your needs. Local coffee shops and restaurants with sea views make for a pleasant treat. Accommodation options include numerous bed and breakfasts, chalets, caravanning and camping, self-catering and Airbnb. Reputable pre-primary and primary schools and the availability of transport to excellent nearby high schools makes for excellent and affordable education opportunities. Sporting enthusiasts can enjoy the wide range of clubs and activities available. These include the Mtunzini Athletic Club which offers road running and trail running the Mtunzini Country Club with its nine-hole golf course, tennis courts, squash court, fully-fledged gym, and a mountain biking section the Mtunzini Bowling Club and the Mtunzini Ski Boat Club. Hiking trails through the dune forest allow for peaceful reflections, and the Umlalazi lagoon is the perfect place for water skiing, canoeing, fishing and enjoying sundowners around a braai fire. The annual Mtunzini Bush Run, the Buffalo Mountain Bike Classic, and the Couta Classic Fishing Tournament are three well known supported events with contestants from far and wide. Nature lovers thrive on the wildlife and birdlife, of which many species are unique to this environment. Amongst others are the palm nut vulture, mangrove kingfisher, fish eagles, bushbuck, red duiker, fiddler crabs, mudskippers, vervet monkeys. With no traffic lights, little traffic and no shopping malls, Mtunzini is nothing short of amazing.

Features

10
6
2
Interior
Bedrooms
10
Bathrooms
6
Kitchens
5
Reception Rooms
6
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
4
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
3,296m²
Extras
Accommodation • Bachelor Studio • Coastal Beach • Fireplace Room • Flatlet • Holiday Home • Laundry • Water Tanks • Wooden Floors • Totally Fenced • Sea • Classical • Wood Window

Mtunzini, Mtunzini

It's a birdwatcher's paradise, home of lush vegetation and gorgeous walks and a place where you'll find Instagram-worthy beaches and a peaceful way of life. Welcome to Mtunzini - a piece of paradise that has been described as KZN's best-kept secret. Located 130km north of Durban and 50km south of Richards Bay, Mtunzini is a well-loved home to many and a coastal paradise. Mtunzini's airports/routes: travel...
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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

30,885.65

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