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R4,500,000

Monthly Bond Repayment R47,989.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

Property and house for sale in Mount Moreland, Kwa Zulu Natal

MASSIVE INCOME GENERATING PROPERTY IN THE HEART OF MOUNT MORELAND!

Nestled in the heart of the picturesque suburb of Mount Moreland awaits a never-to-be missed opportunity for an astute investor.
Firstly, situated on this 4043 sq m property is the main house with 3 spacious bedrooms including an en suite. The lounge leads out through French doors to the custom-built entertainment area with swimming pool. The home has a modern open plan design that is an architectural tour de force. Surrounded by manicured gardens the home is the epitome of tranquillity. The feeling of being on vacation comes standard. Notably Mount Moreland is the home of the barn swallows. Nature lovers can witness this immense spectacle in the evenings while enjoying a sundowner.
To top that there are 5 additional dwellings that are currently generating a revenue stream (figures will be available on request). The thoughtful design behind the construction of these houses is clear when you see the extra bathrooms, wooden decks, storerooms and additional plumbing for washing machines. Each unit has ample yard space and privacy while maintaining the retreat-like atmosphere. This property is 5min from the King Shaka Airport which would make it an ideal bed and breakfast venue for visitors to Durban The property is in the process of being sub-divided. This process can be halted depending on the wishes of any prospective purchaser.

Don’t miss out on a very lucrative opportunity! Must be seen to be appreciated. So, call today for that exclusive viewing.

Features

3
3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
5
Pool
Yes
Sizes
Land Size
4,047m²

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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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

47,989.33

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