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R2,650,000

11 CORAL COVE LODGE, 11 COMPENSATION BEACH ROAD

Monthly Bond Repayment R27,805.28
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,620

Beachfront Bliss: Charming 2-Bedroom Ground Floor Apartment in Compensation Beach, Ballito

Welcome to your dream beachfront home at Compensation Beach, Ballito! This charming ground-floor apartment offers the perfect blend of comfort, convenience, and breathtaking ocean views. Nestled in a secure complex, this property is a rare gem in one of Ballito’s most sought-after locations, ideal for those looking for a serene coastal lifestyle or a lucrative investment opportunity.

Wake up to the soothing sounds of the ocean and enjoy direct access to the pristine beach. The popular Ballito promenade is just steps away, perfect for morning strolls and evening walks.
This well-maintained apartment boasts an open-plan dining and living area, creating a seamless flow that maximizes space and natural light. The layout is both practical and inviting, ideal for entertaining guests or enjoying quiet family moments.
The apartment features two bedrooms, providing ample space for relaxation. The bathrooms are modern and well-appointed, ensuring comfort and convenience.
Step outside onto your private patio and take in the stunning sea views. The patio is perfect for al fresco dining, morning coffee, or simply unwinding while enjoying the coastal breeze. The apartment is also conveniently close to the complex's swimming pool and braai facilities.
With two dedicated undercover parking spaces, you’ll never have to worry about finding a spot. The complex offers secure parking, giving you peace of mind.
This apartment is both pet-friendly and wheelchair-accessible, making it a versatile and accommodating home for all.
Equipped with an inverter system, this property ensures you have a reliable backup during power outages, providing uninterrupted comfort.

Living in this secure complex means enjoying a host of amenities designed for your convenience and leisure. Take a dip in the communal swimming pool, fire up the braai area for a weekend barbecue, or stroll down the promenade and immerse yourself in the vibrant local community. The direct beach access makes it easy to indulge in various water activities or simply relax on the sandy shores.

Given its prime location and excellent condition, this apartment offers an excellent opportunity for short-term rental income. The demand for holiday rentals in Ballito is high, making this property a sound investment.
This property is available immediately, allowing you to move in and start enjoying the coastal lifestyle without delay.

Ballito is renowned for its stunning beaches, vibrant atmosphere, and array of recreational activities. Whether you’re into surfing, fishing, or simply soaking up the sun, Ballito has something for everyone. The area is also home to a variety of shops, restaurants, and entertainment options, ensuring you have everything you need within easy reach. With its friendly community and beautiful surroundings, Ballito is the perfect place to call home.

Don’t miss out on this incredible opportunity to own a piece of paradise in Compensation Beach, Ballito. Schedule a viewing today and experience the coastal lifestyle you’ve always dreamed of!






Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Pool
Yes

Compensation Beach, Ballito

Ballito, nestled on the KwaZulu-Natal coast of South Africa, boasts a captivating coastal charm just 40 kilometres north of Durban. This seaside haven is celebrated for its exquisite beaches, attracting water enthusiasts, surfers, and divers to Willard Beach, Salmon Bay Beach, and Clarke Bay. Embracing a relaxed coastal lifestyle, Ballito presents an array of activities, from beachfront dining to vibrant...
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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

27,805.28

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