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R1,400,000

Monthly Bond Repayment R14,930.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,080
Monthly Rates
R696

VIRTUAL ON SHOW LISTING

Stunning one bedroom apartment for sale in one of the most popular well managed buildings in the Durban Point Waterfront. It is ideally located for the business person or someone who simply wants to enjoy all the area has to offer. The apartment offers spectacular panoramic city and harbour views. Situated a couple of minutes drive from Durban's International Convention Centre, you will also be a short walk away from some of Durban's prime beaches, including Vetches Pier, ideal for children who regularly frolic in the calm, warm Indian Ocean waters. With Ushaka Marine World on your doorstep, you can enjoy its renowned aquarium, restaurants and interesting retail outlets. Also on your doorstep is the exciting new beach promenade extension where you may walk/run/cycle to your hearts content. Construction of Durban's new Cruise Terminal is now well underway, situated within the Point Waterfront Precinct from where you will soon be able to view the world's cruise liners departing and arriving. Holiday letting is permitted making this an ideal Airbnb proposition. With Bond Rates at an all time low, is it not the perfect time to invest in this prime portion of real estate?

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Views
Yes
Sizes
Floor Size
51m²

Point Waterfront, 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

14,930.01

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