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R1,250,000

Monthly Bond Repayment R12,062.77
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R550
Monthly Rates
R655

FREEHOLD HOME OFFERING A RELAXED AND SOCIAL LIFESTYLE IN A SECURE COMPLEX

The unit in Milkwoods which is a Retirement Village for residents over 50 years of age offers 2 double bedrooms, 2 bathrooms, lounge, open plan kitchen , enclosed patio which could be utilised as a study/workroom and a single garage with remote controlled garage door. A lovely patio with potted plants invites family and friends to enjoy the outside living area overlooking coastal bush.
The Retirement Village offers an Assisted Living Centre where residents make use of the kitchen, library and lounge for birthday parties, bridge days and the occasion to invite friends over for a braai.
The Centre as well as being used for social events has bed facilities for residents who are recuperating from a stay in hospital where a resident nurse and doctor will be on call to assist them before moving back to their house in the Village.
The Milkwoods Retirement Village located in the coastal town of Port Alfred, Eastern Cape of South Africa is situated halfway between two large cities of Port Elizabeth and East London. Both have major airports and are within an hour and a half drive from Port Alfred.
Port Alfred is a coastal town situated between two major cities being Port Elizabeth and East London where two major airports are situated, a distance of an hour and a half from Port Alfred.
Port Alfred prides itself with pristine, sandy beaches where anglers, swimmers and hikers enjoy the outdoors. A variety of social, sporting clubs and the popular Royal Port Alfred Golf Course with a large variety of buck species roam the fairways.

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
No
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
125m²
Land Size
201m²

East Bank, Port Alfred

Port Alfred was established in the early 1820s by British settlers who were moved into the area by  Lord Charles Somerset as a buffer between the Western Cape and the Ama Xhosa. Originally it was two separate towns (settlers arriving on the west bank in 1820 named their settlement Port Kowie, and those arriving on the east bank named theirs Port Frances). In 1839, William Cock started to block the natural river...
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In the news

Sotheby's in Port Alfred welcomes new owner
De Bruin was welcomed officially by Gavin Kelsey, chief operations officer from the Johannesburg head office of Lew Geffen Sotheby's International Realty, who visited the franchise. Kelsey briefly spoke to the staff about the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

12,062.77

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