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R1,759,500

Monthly Bond Repayment R18,763.83
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R5,078
Monthly Rates
R3,667

Investment Opportunity

Popular hotel resort introducing first sales in sought after location and building close to famous tourist attractions and hotel resort amenities.
Situated close to Durban's Golden Mile promenade with its warm tropical climate and warm Indian ocean
Proximity to Durban'sfinest actions and attractions, endless beaches, hotels, Suncoast casino, Moses Mabhida soccer stadium, Ushaka Marine World and world class shopping centres.
This modern and upmarket luxury apartment features bright, airy and spacious open plan living areas with interleading kitchen, lounge and dining areas
Inclusive ofthree luxurious bedrooms with built in cupboards and three bathrooms, tiled flooring throughout and aluminum windows
Apartments accompanied with undercover secure parking, excellent security, reception area, hotels facilities and entertainment area with swimming pool
Multiple flats for sale ideal for holiday letting and some have seaviews

Features

3
3
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Pool
Yes

North Beach, 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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THE BIGGER PICTURE - DURBAN'S GOOD NEWS
Investment into the future! Club Med chooses Kwazulu-Natal North Coast as its first footprint in South Africa - just one more multi-billion-rand development that's underway. In the world of news, bad tidings often spread like...
 
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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

18,763.83

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