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R845,000

Monthly Bond Repayment R8,866.21
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R15,441

Midlands Manor-ALL INCLUSIVE Retirement Centre - prices starting from R845 000

This is an excellent opportunity to live in your own modern apartment with like-minded people in Howick. Prices range from R845 000 to R1.2m. Garages and carports are available to purchase on request ranging from R15 000 to R45 000.
20 units in total at present with a further 4 planned in the near future. There are 4 left for sale now.
There are expansive communal areas, including comfortable lounges, dining room and entertainment areas, “movies PUB”, tea and coffee stations etc. make for a large, HAPPY secure family. Large grounds for safe walks. Special friendly staff. Matron, Nursing sister, carers. All meals are prepared by the excellent in-house chef and many more helpers to take care of your special needs. Visitors are always welcome to share in your happiness and meals or tea. Visitors may even spend a few nights with family.

There is a monthly levy of R15 441 (single) and R23 135 (per couple) which covers:
A registered nurse on duty 24/7.
3 nutritious meals a day.
Lots of fresh veggies from Midlands Manor’s very own garden. Residents are more than welcome to join in gardening.
2 daily tea times with homemade treats.
2 Unit cleans a week.
2 laundry days a week.
Daily transfers in the Midlands Manor bus to Howick. ie. Doctors, chemist or shops.
No loadshedding worries (a generator takes care of inconvenient times).
Wifi in each unit.
Small dog welcome, with permission, in ground floor units.
A key for access to river walks.

The levy includes all of the above as well as lights, water, garden service, maintenance and cleaning of buildings and grounds.
These units are know as “Life Rights”. This means no transfer duties or lawyer’s costs when bought or sold. On resale, the full purchase price is refunded plus half the profit of resale, less administration fees and refurbishment costs. Not a bad deal to live safely in peace and harmony with such caring people and picturesque surroundings.

The large gardens and property encourage one to explore safely. The large resident dog will gladly accompany you on your walks.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
4
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes

Greendale, Howick

Howick Howick is a town located in the uMgungundlovu District of KwaZulu-Natal Province, South Africa. The town is 1050 m above sea level, and about 88 kilometres from the port city of Durban. It enjoys warm summers and cool dry winters. A snappy chill descends upon Howick when snow falls on the nearby Drakensberg. The town is located on the N3 freeway, connecting it with the rest of South Africa. Howick is in...
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HOORAY FOR HOWICK!
In the picture: A "yee-ha!" moment for sisters Pippa Griffin (right) and Liane Aadnesgaard, co-principals of Dormehl Phalane Howick. It was named Franchise of the Year at the property group's cowboy-themed national awards...
 
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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

 

LOAN AVAILABLE

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Monthly Payment

8,866.21

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