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R690,000

Monthly Bond Repayment R7,358.36
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,938.1
Monthly Rates
R554.1

NEAT 1.5 BED FLAT IN HEART OF GLENWOOD

Very neat flat, freshly painted - tiled floors throughout and aluminium windows.
1,5 bedroom, 1 bathroom apartment set in the heart of Bulwer,
a simple yet wonderfully residential area, perfect for the ideal investment opportunity and in prime desire for a good rental income.
This apartment comes with secure access to the building, well maintained and includes spacious bathroom, open plan light and airy lounge and dining room, providing natural light.
The kitchen is well fitted with a serving hatch to the lounge/dining room.
There is a very large laundry cupboard in the passage and bathroom.
A - half bedroom can accommodate a double sized bed.

This well run block is located close to Davenport Centre, major banks, restaurants and pubs - all within walking distance
One parking situated next to elevator access into the building

Features

1.5
1
Interior
Bedrooms
1.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
55m²
Land Size
2,196m²

Bulwer, 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

7,358.36

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