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R2,195,000

481 Lena Ahrens Road

Monthly Bond Repayment R23,787.37
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,127

Opportunities Galore

Nestled in the beautiful Glenwood area of Durban, this property epitomizes versatility and potential. Strategically positioned just a stone's throw away from Durban Girls High, it presents an unparalleled opportunity for both residential living and commercial endeavors.

Main House Features:

Three spacious bedrooms offering comfortable accommodation for a family or as office space.
Inviting reception area seamlessly integrated with the living spaces.
Fully-equipped kitchen designed for functionality and convenience.
Modern bathroom ablutions.

Additional Flatlet Potential:

Separate entrance providing privacy and flexibility.
Two generously-sized bedrooms, suitable for extended family or rental income.
Presenting an opportunity for conversion into a home office or administrative workspace.
Additional Features:

Off-street parking for multiple vehicles, ensuring convenience and security.
Potential for an additional flatlet in the existing outbuilding, offering supplementary rental income.
Ideal location for residential living or as a base for admin-oriented businesses.
Exterior Highlights:

Low-maintenance exterior, allowing for ease of upkeep.
Spacious outdoor area suitable for relaxation or potential expansion.
Close proximity to essential amenities, public transport, and educational institutions.
Key Benefits:

Versatile property adaptable to various uses, including residential living or commercial activities.
Income-generating potential through rental opportunities.
Strategic location in the heart of Glenwood, offering convenience and accessibility.
Ample space for parking and expansion, catering to diverse needs and preferences.
Don't miss out on the chance to own this exceptional property in Glenwood. Whether you're seeking a comfortable family home or a strategic investment opportunity, this property ticks all the boxes. Contact us today to schedule a viewing and explore the endless possibilities it offers!

Features

5
2
2
Interior
Bedrooms
5
Bathrooms
2
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
10
Flatlet
1
Domestic Accommodation
1
Sizes
Floor Size
420m²
Land Size
750m²
Extras
Air Conditioner • Accommodation • Closed Circuit TV • Electric Fencing • Office • Strong Room • Totally Walled • Visitors Parking

Glenwood, Durban

Originally called Rio de Natal by Vasco d Gama when he visited in 1497 Durban later received its name from a governor of the Cape Colony named Sir Benjamin D'Urban.  Durban is a cultural melting pot of diversity, ethnicity and top-class cuisine that represents culinary influences from around the world.  Located on the northeast coast of South Africa and being the biggest port, Durban is the heart of Kwa-Zulu...
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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

R
%

Monthly Payment

23,787.37

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