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R1,850,000

Monthly Bond Repayment R20,048.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,750

A place to call home

Price reduced
Nestled in the vibrant heart of Reservoir Hills, this expansive property boasts panoramic urban views, promising a picturesque setting for comfortable living. Though showcasing a well-designed floor plan, this residence eagerly awaits a touch of modernization or tender loving care to unlock its full potential.

The heart of the home is its well-appointed kitchen, featuring sleek granite countertops and a spacious scullery equipped to house all major appliances efficiently. Adjacent to the kitchen lies a charming dining room, offering serene views of the lounge, pool, and patio, creating an inviting space for family gatherings and entertaining guests.

A sunken lounge adds a touch of sophistication, seamlessly connecting to the front courtyard where the sparkling pool awaits, inviting relaxation and enjoyment of the outdoors. A covered entertainment patio provides the perfect setting for hosting memorable get-togethers and social events.

Versatility abounds with a guest bedroom, which could alternatively serve as an office or study, catering to various lifestyle needs. The residence further boasts four bedrooms, with two enjoying the luxury of en-suite bathrooms. The main bedroom has an additional seating area, offers flexibility to create a home office or private retreat, ensuring both comfort and functionality.

With its prime location and ample potential, this property presents a unique opportunity to create a personalized haven in one of Reservoir Hills' most sought-after neighborhoods.
In addition to its inherent charm and desirable features, this property boasts added value with an income-generating one bedroom granny flat, offering the potential for supplementary income or comfortable accommodation for extended family members. Two storerooms provide ample space for storage and there is seperate accommodation for the helper.

Outdoor amenities include a refreshing pool nestled within an expansive garden, providing a serene oasis for relaxation and recreation. A separate pool bathroom enhances convenience and accessibility, catering to the needs of residents and guests alike.

Practicality meets convenience with a double carport and parking space for at least eight additional vehicles, ensuring ample parking for residents and visitors.

With its versatile layout, desirable features, and potential for income generation, this property offers a unique opportunity to enjoy a harmonious blend of comfort, convenience, and financial potential in the heart of Reservoir Hills.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
245m²
Land Size
1,009m²

Reservoir Hills, 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

 

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Monthly Payment

20,048.58

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