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R4,450,000

Monthly Bond Repayment R46,691.89
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R3,500

5 Bedroom House For Sale In Musgrave

Two Stunning Maisonettes behind new mosque with excellent rental income! Can also used for extended family with huge potential. Located in the heart of Musgrave is this exquisite family home comprising of an upstairs units of 3 bedrooms and 2 bathrooms.
A fully fitted kitchen, lounge and dining room. A downstairs unit of 2 bedrooms, 1 bathroom, fully fitted kitchen and lounge. Large garden area. Ample undercover parking for 6 cars. Located in a quiet road.

Table top land size of 675 sqm. Both units have tenants. Rental income of R28 000.00 per month. Both units are modern, move in condition. Ideal for an extended large family. One street away from new mosque. Close to Musgrave centre, schools, shopping and CBD.
Land is zone Gr1 for development. Ideal for investors to develop, just one house away from Musgrave Road. Ideal for the discerning buyer.

Features

5
3
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Domestic Accommodation
1
Sizes
Land Size
675m²

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

46,691.89

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