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R2,400,000

Monthly Bond Repayment R24,772.52
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,646

Excellent Renovation Opportunity in Prime Essenwood

Prime Position & Endless Potential in Essenwood

This is a rare opportunity to secure a unique property situated on 935m² of land in one of Essenwood’s most desirable addresses – Currie Road.

Currently configured as two separate simplex units – one on the ground floor and the other above – each unit offers 2 bedrooms, 2 bathrooms, a well-proportioned kitchen, and a spacious open-plan lounge and dining area. The ground floor unit features a front-facing patio, while the upstairs unit enjoys a more private, rear-facing outdoor area.

In addition, the property includes a versatile 2-bedroom flatlet complete with its own bathroom and kitchen, as well as two lock-up garages for secure parking.

There is a swimming pool and a generously sized garden, adding further value and lifestyle appeal to the offering.

This home does require some thoughtful renovation, but for the visionary buyer, it holds immense potential. Whether you're looking to create an expansive family residence or capitalize on the existing sectional title layout by refurbishing and letting each unit individually, this property offers flexibility and significant upside.

With its exceptional location, solid structure, and unique configuration, this is a prime investment or transformation opportunity not to be missed.

Features

4
4
2
Interior
Bedrooms
4
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
2
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
344m²
Land Size
935m²

Essenwood, 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

24,772.52

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