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R1,200,000

Monthly Bond Repayment R12,797.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,800
Monthly Rates
R940

Spacious Musgrave Road Apartment

This magnificent and generously proportioned 1-bedroom apartment is nestled on Musgrave Road, merely a 5-minute drive from Musgrave Centre. The location is superbly connected by public transportation, and it boasts a plethora of nearby shops and restaurants.

The apartment itself features an expansive floor plan, including a generously-sized dining room and an enclosed balcony that can serve as a versatile extra space. The fully-equipped kitchen is a culinary enthusiast's dream, complete with a pantry, a gas stove, and an extractor.

For added convenience, there is also an allocated parking space. The asking price for this remarkable flat is a competitive R1,200,000, and reasonable offers will be seriously considered. Monthly levies are a mere R1,800, and the rates are an affordable R940. This spacious apartment encompasses 80 square meters, making it an outstanding investment opportunity.

Don't let this chance slip through your fingers – reach out to us today and seize the opportunity to own this spacious and excellently located flat in this highly desirable area. Your dream home awaits!

Features

1.5
1
Interior
Bedrooms
1.5
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
80m²
Land Size
1,997m²

Musgrave, 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

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

12,797.16

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