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R3,395,000

87 Ellis Park Drive

Monthly Bond Repayment R36,791.85
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,265.9

Live in style and generate excellent income!

A beautiful, secure home with 2 separate self-contained flats; and these flats are bringing in approximately R40 000 per month on short term letting!

From street level, automated garage doors give access to the secure parking that accommodates 4 cars. First flat is accessed from this level. This flat is well appointed with open plan living, including a well-appointed kitchen, a separate bedroom and bathroom en-suite. The kitchen has black quartz counter tops, electric stove and oven, a nook for a microwave , a double sink and a breakfast counter. The bedroom has airconditioning, a ceiling fan and the en-suite bathroom has a shower, loo and basin.

Down a few stairs, one can access the second flat that has a private wooden balcony and is shaded by leafy trees. This flat is also well appointed with open plan living, including a well-appointed kitchen, a separate bedroom and bathroom en-suite. The kitchen has Caesar stone counter tops, electric stove and oven, a nook for a microwave , a double sink and a breakfast counter. The bedroom has airconditioning, a ceiling fan and the en-suite bathroom has a shower, loo and basin.

Down a few more stairs, past a pretty water feature, one enters the embrace of the main homestead. Glistening screeded floors create a welcoming ambience. The kitchen, being to the right, is beautifully appointed with generous cupboards, space for a top loader washing machine, as well as space for a double door fridge and a 4 burner gas stove and oven. The kitchen door conveniently leads out to the washline courtyard.

The open plan lounge and diningroom are generous in dimension and lead out to the covered deck through stack-back doors. This deck, with its beautiful views across the valley, makes for perfect family - and entertaining space. This incredible space is completed with a heated indoor pool and easy access to the built in braai.

The bedroom wing of the home has 3 bedrooms, 2 bathrooms (mes) and a separate loo. The first bedroom has French doors that lead to the garden area, Both the first and second bedrooms have wardrobes and ceiling fans. The shared, family bathroom has a shower, loo and basin. The Primary bedroom has built-in cupboards, a ceiling fan and airconditioning. This bedroom has stack-back doors that open up to the deck. The en-suite bathroom is prettily finished with a ball-and-claw bathtub, loo and basin.

This home has fibre, an alarm system, electric fence across the front entrance of the property, security gates, and staff accommodation which needs some attention.

Features

5
4
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Land Size
1,012m²

Durban North, Durban North

It's cosmopolitan, its sophisticated it's trendy, it's Umhlanga - the leisure capital of Ethekweni. From the Umgeni River to luxurious La Lucia is Durban North, a grand timeless suburb with beautifully lush greenbelts, parks, and tree-lined streets.  Mount Edgecombe is home to some of the most secure, upmarket residential estates. These 3 areas are closely located, enabling residents to enjoy every...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

36,791.85

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