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R14,500,000

44 Compensation Road South

Monthly Bond Repayment R152,142.12
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R4,568

EXQUISITE LUXURY COASTAL VILLA WITH PRIME HOLIDAY RENTAL INVESTMENT POTENTIAL

This meticulously presented home exudes quality, offering a rare and crafted living experience that combines luxury, seafront living and functionality. With bespoke finishes throughout, the design provides comfort and elegance. The modern gourmet kitchen interacts seamlessly with the main living and dining areas with clear slimline glass sliders giving way to an inviting patio, sunny pool deck and braai area. Once the beautiful fire-pit is experienced it is hard to imagine a better place to end a long summer's day.

The home’s prime location, just meters from Ballito’s beautiful Salmon Bay Beach – the main ski-boat launch site in Ballito and a popular surfing beach, and moments from Ballito’s finest sea-facing restaurants and cafés, ensures breathtaking ocean views and easy access to local attractions.

The oversized garage space provides ample parking and the arrival area is large enough to accommodate a deep-sea fishing ski-boat. The thoughtful layout even allows for portions of the home to be short-term let, offering additional holiday accommodation while maintaining privacy and convenience.

The separate guest house on the property has an independent entrance, kitchen and entertainment areas and sunny north-facing pool. This extraordinary addition provides flexibility, allowing for the accommodation of visitors or as additional rental space – either on a long-term lease or short-term holiday rentals.

For investors, the property offers a rare opportunity to capitalise on its prime coastal position. With its versatile layout and demand for holiday rentals in the area, this home has immense potential for generating strong rental yields. The combination of luxury, location, and rental potential makes this a rare investment for those looking to maximise returns while enjoying an exceptional coastal lifestyle.

Features

5
6
4
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
6
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
4
Carports / Parkings
6
Flatlet
2
Pool
Yes
Sizes
Floor Size
550m²
Land Size
1,081m²
Extras
24 Hour Access • 24 Hour Response • Accommodation • Air Conditioner • Air Conditioning Unit • ADSL • Above Road • Awning • Bachelor Studio • Backup Water • Balcony • Balcony Room • Bar Counter • Basin • Bath • Bath, Toilet and Basin • Blinds • Breakfast Nook • Built In Bar • Built In Braai • Built in Wardrobes • Centre Island • Closed Circuit TV • Coastal Beach • Cooling Fans • Covered Patio • Curtain Rails • Dishwasher Connection • Electric Gate • Double Basin • Common Toilet • Double • En Suite • Double Bed • Driveway • Electric Garage • Extractor Fan • Freestanding • Full • Gas Hob • Gas Oven • Flatlet • Fan • Fenced Pool • Granite Tops • Holiday Home • Lapa • Guest Toilet • Garden Flat • Granny Flat • Immaculate Condition • Generator • Mainen Suite • Intercom • King Bed • Garden • Half Bathroom • Lighting • Landscaped • Multi Storey • Open Plan Kitchen • Paveway • Patio • Walk In Closet • Residential • Oven & Hob • Perimeter Wall • Secure Parking • Special Lights • Special Doors • Open Plan Special Feature • Open Plan • Modern • Shower, Toilet and Basin • Triple Parking • Tiled Floors • Aluminium Window

Ballito Central, 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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Macroeconomic Overview & Main Reasons for Selling
How's the market doing? If you are at the coal face of real estate transactions daily, as we are, you would have noticed a shift in the past two months with enquiries on properties down on prior months. When we look at the...
 
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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

152,142.12

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