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R60,000

Monthly Bond Repayment R629.55
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R220

Prime Parking in North Beach

With parking space at an increased premium in the urban centres, why not turn your attention to a parking bay as an alternative source of income. A parking bay in Oceanic, North Beach Durban could be a unique investment with passive monthly income.
An asset that is relatively easy to maintain and manage could be yours by making that call to secure this parking bay. Once off cost at R60K and a monthly levy of R220.

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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...
Published 28 Sep 2023
 
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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

R 

629.55

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