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R5,995,000

Monthly Bond Repayment R64,968.24
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Development potential!

New development. All plans passed for 6 brand new units +-310 sqm each. Top floor consists of 2 penthouses. Has stunning views. All re-zoning completed. Drive in access to your door. Also has staff quarters.

The purchaser will need to just take over the development and demolish present house which is not listed and not amafa. All plans available and entire project available. Bring your offers today, two road frontages.

Features

5
5
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Land Size
1,856m²

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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In the news

THE BIGGER PICTURE - DURBAN'S GOOD NEWS
Investment into the future! Club Med chooses Kwazulu-Natal North Coast as its first footprint in South Africa - just one more multi-billion-rand development that's underway. In the world of news, bad tidings often spread like...
Published 28 Sep 2023
 
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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
 

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Monthly Payment

R 

64,968.24

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