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R1,800,000

Monthly Bond Repayment R19,506.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,200

DEVELOPMENT LAND

Calling all developers for this large land of 2002 square metres in the heart of Clare Estate. Ideal for developing 5 simplexes or 10 double units. Perfect to build for student accommodation as land is situated within 3km of UKZN Westville Campus. Presently there is a palatial triple storey mansion comprising of 5 large rooms with 4 upstairs and 1 downstairs, 2.5 bathrooms and an enormous kitchen. There are 3 balconies with one in the front and 2 at the rear with sea views.

Olde worlde style parquet floors throughout the 2 floors. One lock up garage and ample space to park another 10 cars. Close to UKZN Westville campus, Checkers shopping centre, schools, places of worship. On bus and taxi route. Price is negotiable. Bring your offers now.

Features

5
2
1
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Flatlet
1
Sizes
Land Size
2,002m²

Clare Hills, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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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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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

19,506.73

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