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R13,500,000

1 Marine Centre, 767 Marine Drive

Monthly Bond Repayment R143,968.00
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R7,198

Newly completed Mixed use Apartment Building for Sale

Situated on Marine Drive awaits this exciting opportunity to own a brand new mixed use development

The complex comprises of 11 Sectional Title Units. These units are being tenanted and managed.

The complex also has a convenient grocery store linked to the front - Rental income of R30k per month
There is an additional commercial space above the grocery store

The units are 62 square meters in size and comprise of the following:

2 Bedrooms fully tiled.

Open plan lounge and dining room fully tiled.

Open plan kitchen with fitted cupboard and plumbed for washing machine.

There is also one 3 Bedroom unit with the same finishing's as the 2 Bedroom unit

Bathroom with large shower, toilet and basin, fully tiled.

One undercover parking.

One open bay parking.

Solar Geyser.

Prepaid Municipal Electricity Meter.

These neat units are in a fully gated and fenced development with remote gates and access control.

The upstairs units have a balcony.

Perched on the top of a hill there are amazing Sea Views on offer.

The 2 end units have Sea views from the living room.

Contact us today to arrange a viewing.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Sizes
Floor Size
1,047m²
Land Size
1,047m²
Extras
24 Hour Access • Above Road • Balcony • Complex • Double Parking • Electric Gate • New Development • Sea

Brighton Beach, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

143,968.00

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