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R7,500,000

Monthly Bond Repayment R81,278.03
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R5,000

Excellent Opportunity!

Are you wanting to invest in a perfectly located property, for a maximum return on your investment. Then don't delay any further and contact me today to discuss this opportunity, before you miss out.

Through the front door, you are welcomed by the very spacious, open plan lounge / dining area, all with amazing views of the golf course. The lounge flows effortlessly to the balcony with great views, to enjoy on those summer days, with friends and family.

At the other end of the main lounge and dining area, you access the kitchen, which has a large storeroom / pantry, just off the kitchen.

On the ground floor, there are multiple, fully serviced rooms, that are all currently rented out, with a communal kitchen and access to the verandah overlooking the golf course. These are fetching around R 30 000 per month as they are all rented out to professional tenants.

The first floor offers 3 units, with fully fitted kitchens and spacious bedrooms, 4 of which have en-suite bathrooms and currently 2 units are bringing in around R 35 000 per month.

If you wish to discuss the property in more detail or be interested in viewing, please don't hesitate to contact us, to arrange your exclusive viewing. This home would make a perfect addition to your property portfolio as it does hold huge potential for growth.

Features

11
11
2
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
11
Kitchens
4
Reception Rooms
6
Exterior
Garages
2
Carports / Parkings
5
Security
Yes
Domestic Accommodation
1
Sizes
Land Size
1,847m²

Durban North, Durban North

WELCOME TO DURBAN NORTH. Durban North is situated just north of Durban in the eThekwini Metropolitan Municipality, created in 2000, which includes the greater Durban area in KwaZulu-Natal, South Africa. It lies between the N2 freeway and the eastern seashore, with the Umgeni River forming its southern boundary. It is flanked by La Lucia in the north. Schools Local schools include Glenashley...
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MEET KEVIN MULLINS - WAKEFIELDS' NEW DURBAN NORTH BRANCH MANAGER
Wakefields' busy Durban North branch has a brand new face at the helm. Kevin Mullins brings a fresh skillset to the role which will benefit buyers and sellers as much as sales consultants New Wakefields branch manager Kevin...
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

81,278.03

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