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R5,300,000

Monthly Bond Repayment R57,436.47
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R200
Monthly Rates
R363

Block of Flats - 9 apartments

This is an income generating block of flats in a very sought after area. Prime position close to freeway and public transport and most of all, close to industrial areas .

This block has nine units, sized between 70 to 80 sqm each, and each consisting of 2 bedrooms, 1 bathroom and kitchen with open plan lounge and dining area. Some apartments have showers while some have baths only and some have both. All have private balconies, however some have been closed off and converted to extra living space.

Gates are remote controlled for your own safety and each flat owns its own parking bay. Also includes a 2 room accommodation for the helper to maintain property..

Investments are in demand with the current low interest rate, so view now and make this YOURS !

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
80m²
Land Size
976m²

Fynnland, 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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

57,436.47

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