Chat with us, powered by LiveChat
 
SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R7,300,000

Monthly Bond Repayment R79,110.62
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Monthly Rates
R4,600

Incredible instant income generating opportunity

This is a WOW 2911m2 site with sea views and numerous opportunities to capitalise on. Presently a generous income generating property with further ability to increase your return.

This property comprises of 7 to 8 units of which 5 are presently happily tenanted. There are 2, potentially, 3 units that only require finishes. Plumbing & electrical work is completed plus up to date CoC. Finishes already on site will be included in the sale. There is a further +/- 300 m2 level space where a completely new unit could possibly be built with permission.

Ample parking with a huge tandem double lock up garage plus plenty undercover parking. The grounds are in excellent condition with a beautiful communal swimming pool. Store rooms plus laundry facilities are a further plus on this property.

Don't miss out, book your exclusive viewing now to discuss and see the unlimited scope of this incredible investment

Features

11
9
4
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
9
Kitchens
1
Exterior
Garages
4
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Floor Size
1,373m²
Land Size
2,911m²
Extras
Laundry • Built In Braai • Security Gate • Views: Sea / Ocean • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Standard • Heating / Cooling: Electric • Pool: Inground • Garaging / Carparking: Double Lock-up • Land Contour: Flat To Sloping • Condition: Renovator • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains • Outdoor Living: Garden • Garaging / Carparking: Off Street • Condition: Good

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...
More Info
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Houses for sale in Athlone, Durban North.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

79,110.62

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.