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R3,800,000

Monthly Bond Repayment R39,871.73
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R3,750
Monthly Rates
R2,800

Magnificent Maluti

Wakefields proudly presents to you the one and only Magnificent Maluti, the Jewel of the North Beach.
Most sought after building that is well positioned between the Maharani Hotel and Elangeni Hotel.
This apartment comes with 3 bedrooms, 1 ensuite, separate guest loo, second bathroom, large lounge, dining room, fitted kitchen, only 2 flats per floor, 1 undercover parking bay, 24-hour security, CCTV cameras monitoring the outside, inside, parking bays, all common areas of the building. The building has a 160KVA Generator that lights up the entire common areas and all lifts, garage doors function during load shedding.
Windows are cleaned twice a month and all common areas cleaned daily. Maluti is well managed and has good strong financials.
There is a braai area and a roof garden that residents can enjoy. The sea views is absolutely magnificent from this apartment. Perfect just to sit, relax and watch life happening from the comfort of your lounge or bedroom without the hustle and bustle or noisy neighbours.
The location is just perfect, near popular restaurants, hotels, medical centres, shopping malls the promenade and a few steps to the beach. This is just the lifestyle that your want to feel like you on holiday daily.
Call me for a private viewing.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
133m²

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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

39,871.73

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