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Bond repayments were calculated on a 11.75% interest rate with a 30-year bond.
Make your mark in a fresh community-centric estate with residents’ facilities and an urban energy on South Africa’s favourite coastline. Sheffield Hills is making its debut on the hotspot list of affordable addresses on KZN’s North Coast.
With monthly bond repayments starting at R5945 for a studio, own property within this sought-after neighbourhood. The second phase of studios, 1, 2 and 3 bedroom apartments from R599 000 to R1 524 000 is tailor made for up and coming first time buyers and investors
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Zoning in on Sheffield Beach, this node is home to high-end developments and as a result has experienced an average 19% year-on-year residential transfers from June 2018 to June 2022 within the area. Salt Rock sectional scheme transactions achieve a 30% average price premium over Ballito.
| Unit Type | Launch Price | Deposit |
Estimated monthly bond repayment |
|---|---|---|---|
|
Studio |
R599 000 |
R10 000 |
R5 945 |
|
1-Bedroom |
R840 00 |
R15 000 |
R8 328 |
|
2-Bedroom 1-Bathroom |
R974 000 |
R20 000 |
R9 630 |
|
2-Bedroom 2-Bathroom |
R1 084 000 |
R20 000 |
R10 740 |
|
3-Bedroom 2-Bathroom |
R1 524 000 |
R25 000 |
R15 131 |
The bond repayment amounts have been calculated on a 11.75% interest rate on a 30-year term.
The information provided is to be used as a guide and is not a guarantee of savings or earnings. All information stated here was correct at time of printing/publishing and subject to change without notice. E&OE
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