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R395,000

Monthly Bond Repayment R4,212.40
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Bachelor Apartment in South Beach

Calling all investor buyers here is a well maintained bachelor apartment that is already tenanted and is looking for a new owner to take over its lease. The apartment boasts with a neat kitchen, bathroom that has a shower and open space that is finished off with a sleeping recess with partial sea views. This unit need little to no changes as it has already been fitted with a prepaid electricity meter and the floors have also been done up. The building is secured and has biometric scanners for access control
Some amenities that come with the area include immediate access to public transport as it is on the route of taxis and municipal buses, it is a mere 2 minutes away from Durban’s beach front and offers a wide variety of grocery stores nearby such as spar and Shoprite to name a few.
With all this and more why not enquire and see the limitless potential this property has with your own eyes?

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes

South 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

4,212.40

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