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R2,200,000

Monthly Bond Repayment R23,083.63
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,200

BEAUTIFUL SPACIOUS HOME

Nestled in the sought-after area of Reservoir Hills, this property offers endless possibilities, whether you’re seeking a spacious family home or a smart investment like the potential for a 10-bedroom student accommodation, ensuring excellent rental returns.

Key Features:

Generous Main House: This expansive home boasts 5 generously sized bedrooms, 2 inviting lounges, 4 bathrooms, a formal dining area, and a fully equipped kitchen. With modern touches such as top-tier appliances, double automated garages, and air-conditioning, this property offers both comfort and convenience.

Luxurious Master Suite: The master bedroom provides a private retreat, featuring ample closet space, air-conditioning, and a private en-suite bathroom for ultimate relaxation.

Elegant Living Spaces: Bright and airy, the lounges are ideal for family gatherings or entertaining. The stylish kitchen is designed for functionality, with ample cupboard space, sleek granite countertops, and a layout that makes cooking a delight.

Prime Location: Just 3.1 km from UKZN, this property offers exceptional proximity to public transport routes, making it perfect for students or staff commuting to the University. The location is ideal for both convenience and accessibility.

Additional Features:
- Fully brick-paved and tarred yard, with a well-maintained garden.
- Enhanced security with remote access, alarms, and an intercom system for peace of mind.

Make It Yours

Whether you’re looking for a dream family home or a savvy investment with significant rental potential, this property offers both. Don’t miss out on the opportunity to own this versatile property.

Contact the agent today to arrange a private viewing!

Features

5
4
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
1
Sizes
Floor Size
326m²

Reservoir Hills, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

23,083.63

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