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R940,000

Monthly Bond Repayment R10,024.44
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,894
Monthly Rates
R967

Remodeled unit for 3 MEDICAL STUDENTS

A beautiful flat in a sought after complex, located in the heart of MUSGRAVE, convenient to all amenities viz Shopping Centre, Colleges, Schools, Entertainment etc. This unit is tastefully presented, well configured and crafted to accommodate 3 persons in separate rooms. The flat is currently used for Post Graduate Medical Students. This unit is also an ideal starter home for a young family.

There is 3 converted bedrooms with cupboards, open plan lounge and dining room, a kitchen with ceaser stone counters, plenty of cupboards, a full bathroom, a guest toilet and an enclosed balcony. The floors have porcelain tiles, fitted with fibre, airconditioned, prepaid electricity.The Unit comes with a lock up garage and remote access control driveway gates.

Calling all investors, don’t miss this unique income generator opportunity, contact me for a private viewing.

Features

3
1.5
1
Interior
Bedrooms
3
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
89m²
Land Size
1,190m²

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

10,024.44

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