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R10,950,000

Monthly Bond Repayment R116,774.04
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R5,473

Sublime, Serene, Seaviews, and Security all in one home

This turnkey, majestic property is perfect for a discerning family who values comfort, leisure, and entertainment. Boasting multiple dwellings and superb amenities, this estate offers a luxurious lifestyle in a serene, secure setting.

The Property: The estate consists of the main homestead, a two-bedroom freestanding flat with its own private garden, a spacious studio flatlet, and an outbuilding that includes a laundry room, storeroom, and double staff accommodation with a bathroom. Additionally, there is a separate inverter room. The two flatlets have their own entrance, auto gate, driveway, and parking for 4-5 cars. The two-bedroom flatlet is currently tenanted until December 30, 2025, at a rental of R18,000 per month, inclusive of utilities.
A solar system, valued at approximately R400,000, powers all three dwellings and may be included or removed depending on offers. There are also three JoJo tanks: two servicing the main homestead and one for the flatlets. Additionally, the Koi pond in the main garden holds around 80 Koi fish, with 10 remaining based on the offer.
The property is located on Highgate Road, which features 24-hour manned security monitoring both entrances. A monthly security subscription of R3,000 applies.

The Main Homestead: As you enter the home, a spacious entrance hall leads into the living areas. To the left, the family TV lounge opens onto the patio, while a convenient office nook is situated under the stairs. A guest bedroom with a shower and basin is located on the ground floor, along with a separate guest loo.
The open-plan entertainment lounge and dining room flow onto an expansive, covered patio. The dining room features a built-in sideboard and a wine fridge. The main kitchen is open-plan, equipped with an integrated microwave, eye-level oven, separate gas stove top, and space for a double-door fridge. It also includes a double sink with dishwasher plumbing and a separate prep bowl. A secondary kitchen area services the braai area on the patio, with extra cupboards and storage nearby.
The covered patio is perfect for year-round entertaining, featuring a built-in bar, wooden deck, and a swimming pool overlooking the garden and Koi pond. The patio is fitted with all-weather blinds, while a beautifully constructed pagoda in the garden offers an ideal spot to enjoy a boma fire.
Upstairs, you’ll find the family bedrooms and a cozy slipper lounge or private family lounge, all with laminate flooring. The spacious primary bedroom offers breathtaking seaviews, a walk-in closet, and an en-suite bathroom with a large shower. Three additional generously sized bedrooms, each with en-suite bathrooms, complete this level. All bedrooms are equipped with split-cycle air conditioning.
Parking includes two double carports, a double auto garage, and extra parking. Additional features include CCTV, an alarm system, a separate vegetable garden, outdoor wash basins, and a washline area.

The Two-Bedroom Flat: This charming flat comes with a secure, private garden, and its former Koi pond has been converted into a splash pool. Both bedrooms feature air conditioning, built-in wardrobes, and en-suite bathrooms. The open-plan living area, also air-conditioned, opens via French doors to the garden. The well-equipped kitchen includes double plumbing and an electric stove and oven. (Please note, the center island belongs to the tenant.) A prepaid electricity meter is installed but currently disconnected and can be easily reactivated.

The Studio Flatlet: This spacious, well-appointed studio flat offers a fully fitted kitchen with an electric stove and oven, air conditioning, and a separate bathroom with a shower, loo, and basin. The studio has its own covered patio and a separate washline area.
This exceptional property, with its blend of luxury, practicality, and security, offers an unparalleled lifestyle for those seeking the very best.

Features

8
8
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
8
Kitchens
4
Reception Rooms
8
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
2
Domestic Accommodation
2
Pool
Yes
Sizes
Land Size
2,192m²

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

116,774.04

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