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R1,180,000

Monthly Bond Repayment R12,583.87
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,700

Beachfront apartment ( Share Block)

2 bed flat (Share Block)suitable for holiday letting. Situated on Durban Golden Mile.
Needs total renovations for windows and sliding door to be replaced. Land costs to be paid over and above the purchase price This apartment is a blank canvass. 24/7 manned security in the building with reception area at the entrance. Renovators and Investor buyers dream . Walk across the road to world class promenade,beach, swimming pools, restaurant and hotels in close proximity and all virtual on your door step . A great income Generating investment When not in use, Call me today to view .

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Land Size
77m²

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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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

12,583.87

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