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R2,599,999

Monthly Bond Repayment R27,727.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,901.5

Spacious family home or a great investment opportunity.

This well maintained property is nestled in a peaceful suburb of Durban North and offers a spacious family home as well as space for extended family or as a rental income. The property offers three garages as well as plenty open parking spaces, the property is fully secure with electric fencing, alarm system and fully walled Marshall security is also well established in the area for extra security. With its great location you have a choice of great shops and restaurants to choose from, some of the best schools in the area, access to main access routes and an equal distance between Umhlanga and town.

The property offers a main three bedroom home as the primary residence as well as a large two bedroom cottage and a studio apartment currently being let out. The three bedroom home is fully tiled through-out with plenty of natural lighting and offers separate lounge kitchen and dining room. The kitchen is spacious with ample cupboard and cabinet space, granite counter tops, gas stove connection for washing machine and dishwasher, space for double door fridge as well as a breakfast bar. The dining room offers you access to wooden deck a perfect place to relax or to entertain your guests over-looking the back yard with beautiful foliage. The three bedrooms are all spacious have built in cupboards and fitted with ceiling fans. The main bedroom comes with an en-suite bathroom with neat finishes and offers a shower over bath, basin and loo. There is also a main bathrooms shared by the other two bedrooms and is equipped with shower, basin and loo. The lounge is spacious and also has an extra study nook which is a perfect work from home space or area to use to pursue your hobbies. The main home also offers a front covered patio over-looking the neat garden and is a perfect space for children and pets to play.

The two bedroom cottage is situated below the main house and has its own entrance. The cottage is done out with beautiful modern finishes and offers a spacious lounge and dining room or lounge and office space. There is a well-fitted kitchen with gas stove, ample cupboard and cabinet space, granite tops, connection washing machine, dishwasher, tumble dryer, space for double door fridge and a breakfast bar that could be utilized as you dining room area. The cottage opens up to a large tiled and covered entertainment area which over-looks the back yard the perfect spot for sundowners, to relax and entertain friend and family. The cottage also has two large bedrooms both fully tiled and with built in cupboards. The main bedroom come fitted with aircon for those hot humid days and an en-suite bathroom with a separate show, bath, basin and loo. There is also a guest loo by the kitchen for convenience. This unit is great as a rental income and is currently being let out for R13,300pm or it would perfect for extended family to have their own space.

The property also offers neat 1 bedroom bachelor pad with own entrance as well as its own entertainment area and is also being let out for R5500pm. The property also has a solar geyser in place which helps to towards your electricity bills and two jojo tanks. This is a property that just keeps on giving and would make an amazing family home or use the two rental units as extra income or to help pay off towards your bond! Don’t miss your chance to view this amazing property.

Features

5
3.5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3.5
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
3
Carports / Parkings
6
Security
Yes
Flatlet
1
Sizes
Land Size
1,094m²

Park Hill, 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

27,727.16

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