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R1,350,000

Monthly Bond Repayment R13,252.19
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R994
Monthly Rates
R558

Exquisite Executive Apartment

This Exquisite Executive Apartment has all the top finishes a discerning buyer could dream up.

Nestled in the very quiet and upmarket lake Xanadu in Summerst ext 30, Midrand. Galencia developments pride themselves in their high-end developments which speak for themselves, with each being a hallmark of excellence and luxury. They have cultivated and nurtured the concept of creating establishments which fully encompass a lifestyle offering balance. They aim to bring you the best of the Galencia lifestyle, a home in which you can Live, Relax & Play. From their tranquil pools and serene locations to the awe-inspiring finishes and immaculate landscaping, They ensure that you truly come home to the best.

The Apartment consists of the following

-Two generously proportioned bedrooms fitted with German engineered laminate flooring, wall heaters and the main bedroom is en suite

-Two large bathrooms, the main en-suite has a bath and shower plus double vanity. The second bathroom just has a shower. Both have fitter wall heaters

-Built in Study Nook on the passage

-Large lounge/ living area with a Samsung 18000 hot and cold air-conditioner unit, two wall heaters and an extra storage unit

-Brand Newly fitted kitchen with stunning granite tops. space for a top loader washing machine and a double door fridge (with water attachment) Also place for gas to be fitted for a gas stove

-Gorgeous sunny enclosed patio, perfect for reading and entertaining

- One Covered parking bay and one open parking bay, the covered one is directly outside the front door of the unit

-German Engineered Laminate flooring in the bedrooms and tile everywhere else

-Aluminium American shutters on most of the windows - Ample cupboard Space

This Beautiful Home is a must see

To finance the amount of R1 399 000-00 your bond repayment will be +/-R14 339,75 per month and to qualify for the loan you will need to show a gross income of no less than R47 321,17 per month.
Transfer costs work on a sliding scale according to the purchase price of the property, in this case it will be +/-R74 000-00 You will need to have this money available in cash as the banks will not finance this amount with the home loan. The transfer costs in include (A) your tax on the purchase (B) your transferring attorney's fee and (C) the bond registering attorney's fee. Having a 5% - 10% deposit will make the financing process a lot easier.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Studies
1
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
91m²
Extras
Aluminium American shutters on most of the windows - Ample cupboard Space

Summerset, Midrand

Platinum Residential offers a range of residential properties for those wanting to live in Midrand. Midrand is located between Centurion and Kyalami and is part of the City of Johannesburg Metropolitan Municipality. In 1981, Midrand was established as a municipality, but ceased to be an independent town after local government restructuring that followed the end of apartheid in 1994. Midrand has been...
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Disclaimer: While every effort will be made to ensure that the information contained within the Platinum Residential website is accurate and up to date, Platinum Residential 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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

13,252.19

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