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R1,595,000

Monthly Bond Repayment R17,285.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,250
Monthly Rates
R1,290

BEAUTIFUL APARTMENT IN SOUGHT AFTER MORNINGSIDE

A cozy nine-unit block on Prime Wallace Road. This residence is described as spacious, bright, airy, and sunny. It features a large separate dining room leading to a roomy TV lounge, which opens up to a covered veranda overlooking a level garden—perfect for entertaining or relaxing in the sunlight. The apartment has high ceilings that add size and character. The modern granite kitchen comes with ample cupboard space and is fully air-conditioned.

The main bedroom is large with plenty of natural light, a walk-in wardrobe, and access to the veranda. The bathroom includes a shower and bath, with a convenient nook for a washing machine and tumble dryer. There's also a separate guest toilet. The property includes one lock-up garage and one undercover parking bay. Staff shower and toilet facilities are available. It's within walking distance to restaurants, Mitchell Park, and all amenities, with excellent security provided by 24-hour manned street security guards.

Features

2
1.5
Interior
Bedrooms
2
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Sizes
Floor Size
133m²
Land Size
1,640m²

Morningside, 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

17,285.13

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