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R5,650,000

Monthly Bond Repayment R59,282.96
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R3,290.7

Seaviews, Security, Space & Serenity!

This property is an ideal opportunity for a B&B, a multiple let, student accommodation or a home for an extensive family. Ideally located in Kelvin Place which provides the convenience of Durban North as well as quick, easy access to the ICC, the stadium and other places of interest. The Riverside Soofie Mosque is approximately 2 minutes away!

The main dwelling is a large home that has 7 bedrooms, all en-suite. Two of the bedrooms are located downstairs with one, being wheelchair friendly. The expansive living areas flow seamlessly to the wooden balcony that overlooks the garden and pool. The kitchen is separated from the living area with dry wall, and is easy conversion to fully open-plan. The kitchen is well-equipped with ample cupboards, a gas stove, plumbing for a dishwasher and a double sink. (The laundry is conveniently tucked away in the garage which has direct access into the house.)

In a separate building are 2 one bed flatlets, each equipped with an open plan kitchenette and lounge, as well as a bathroom. Additionally, there is a single bedroom that is also en-suite, that is located outside the main dwelling.

The garden and swimming pool are easy to maintain and provide great entertainment space for the warm Summer days!

There is an extra-large, double, automated garage and parking for at least 11 cars on the property. There are two rainwater tanks that are plumbed into both buildings, the third rainwater tank feeds irrigation for the garden. Another feature worth noting is that the roofing has steel frames, so there can be no concern over woodborer destruction of roof beams!

Security features include an auto gate, electric fence, burglar bars, security gates, alarm system and beams. There are two security guards posted at each end of the street at night.

Features

10
10
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
10
Kitchens
3
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,115m²

Athlone, 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

R
%

Monthly Payment

59,282.96

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