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R3,600,000

Monthly Bond Repayment R38,391.47
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,019

8 Bedroom Apartment Block For Sale in Bluff

Unlock long-term financial security with this premium investment property.

This well-maintained block of flats, strategically located on Bluff Road, offers an ideal blend of immediate rental income and strong growth potential.
Property Highlights:
• Fully Tenanted: All 4 spacious 2.5-bedroom apartments are currently leased, ensuring a reliable stream of income from the start.
• Modernized Interiors: Recently renovated units feature a contemporary design while retaining the durability of solid construction.
• Convenient Parking: Each unit is accompanied by a secure lock-up garage, a valued amenity for tenants.
• Strategic Location: Situated on a level corner stand, this property is in a prime area with excellent access to major amenities, transport links, and local attractions.
• Growth Potential: The robust build, prime positioning, and consistent tenant demand make this property a cornerstone investment for long-term passive income.
Why This Property? Perfect for experienced investors or those entering the property market, this block of flats guarantees stability, security, and profitability

Features

8
4
4
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
4
Kitchens
4
Reception Rooms
8
Studies
4
Exterior
Garages
4
Carports / Parkings
4
Sizes
Floor Size
360m²
Land Size
4,001m²

Bluff, 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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Disclaimer: While every effort will be made to ensure that the information contained within the Wakefields Estate Agents website is accurate and up to date, Wakefields Estate Agents makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

38,391.47

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