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R350,000

Monthly Bond Repayment R3,672.40
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R2,060.6

PERFECT INCOME GENERATOR

Looking for a new investment opportunity? Look no further!
This neat apartment is situated in South Beach, and conveniently situated on the bus and taxi route, a few minutes from the beach, takeaways, and restaurants nearby, Addington Hospital, Spar, and many other necessary amenities.
The fully tiled flat has complete cupboards with built-in headboard in the sleeping area. The kitchen is complete with built in cupboards and extractor fan and is open plan with a lounge area. The bathroom has tiled floors and walls with a shower.
The apartment entrance has plants on either side, an ideal welcome home after a tiring day.
The building has 24-hour security. The flat has a pre-paid meter.
This is in a Shareblock building, and will be a cash sale.
This could be an ideal flat to be tenanted or a starter home to a small family. There is nothing to be done, but to simply move in after transfer.
Call to book an appointment to view.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
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

R
%

Monthly Payment

3,672.40

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