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R650,000

Monthly Bond Repayment R6,931.79
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,909
Monthly Rates
R296

Investor's Dream

Are you looking for the perfect investment opportunity? Look no further! This cozy 2.5 bedroom apartment is currently utilized as student accommodation, making it an excellent income generating asset. Don't miss out on this golden opportunity to add a valuable property to your portfolio. 2.5 Bedrooms, 1 living area, 1 kitchen, 1 bathroom, 1 bathroom, storage room is available but needs TLC. No parking. Spacious 88sqm. Situated in the heart of Umbilo, you're surrounded by convenience. shopping, dining, transportation options are all within easy reach.

Contact us today to schedule a viewing and seize this chance to own a valuable piece of Umbilo Real estate. Act fast, as opportunities like this are in high demand.

Features

2.5
1
Interior
Bedrooms
2.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Sizes
Floor Size
88m²
Land Size
205m²

Umbilo, 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...
 
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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

6,931.79

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