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R1,250,000

Monthly Bond Repayment R13,330.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,500
Monthly Rates
R918

POSITION POSITION POSITION

Excellent position Walk to mosque, churches and Musgrave Centre. Close to excellent schools.

A generously proportioned 1.5 bedroom apartment with high ceilings and lots of natural light from windows spanning the full front of the building. From the spacious entrance hall, the open plan lounge dining room extends to the front, with kitchen to the left. The kitchen has good quality white cabinetry, oven, stove and extractor hood, with plumbing for a dishwasher and washing machine. The bathroom features a large walk-in shower with wash basin and a separate loo. The spacious bedroom has plenty of built-in wardrobes, while the half bedroom could be used as a home office space.

Attention has been paid to quality finishes, the bathroom and kitchen are tiled, the bedroom is carpeted and the entrance hall and lounge dinner have beautiful quality wooden floors. There are ceiling fans in the both the lounge and bedroom and the latter has a new air-conditioning unit.

This conveniently located building has excellent security features, an electric fence, intercom, electric doors and remote control gate for safe entry. There is an elevator to the apartment which is on the 2nd floor. One open bay parking is allocated, with permission to tandem park a second car.

Rates R 918
Levy R 1900

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Features

1.5
1
Interior
Bedrooms
1.5
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
90m²
Land Size
1,184m²

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

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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

13,330.37

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