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R1,450,000

Monthly Bond Repayment R15,713.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,175
Monthly Rates
R2,975

EXCLUSIVE SEA VIEWS!

WOW factor when walking into this 112m2 exclusive 3-bedroom unit. This unit is in one of the best blocks in Morningside known as North Point. The panoramic sea views will sell this unit. If you are looking for security and open space this apartment ticks the boxes. The open balcony was closed off to make a dining area.
The lounge is off the dining area as well as the kitchen. The kitchen is granite topped and plumbed for laundry. The kitchen has a self-standing stove and lots of BICs.

The main bed has an en-suite with two other rooms serviced by the common bathroom which consists of a shower, basin and toilet. The apartment is carpeted throughout with tiles in the bathrooms as well as the kitchen.
A big bonus is the entrance which has a double security gate as this unit is a corner unit.
The complex offers 24hr security as well as an on-site supervisor.
Levies are reasonable considering water is included, 24hr security, new lifts and an on-site supervisor.
Windows are cleaned once a month.
Another bonus is parking for two cars. A lock-up garage with direct access to the lifts and another u/c parking – the only unit with a second parking as under cover.
Easy access to the beaches as well as north of Durban. Schools and Mosques are in close proximity.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
112m²

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

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Monthly Payment

15,713.75

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