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R650,000

113 Southwold Avenue

Monthly Bond Repayment R6,931.79
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,110

Prime Level Land with Condemned Structure in Residential Area

This exceptional piece of level land, nestled in a quiet and established residential neighborhood, offers a unique opportunity for redevelopment

The property previously served as a family home, and while the existing structure is now condemned, the land itself provides a blank canvas for you to build your dream residence or investment project

Conveniently located within walking distance to schools, shops, parks, and other essential amenities, this is an ideal location for those looking to create a home in a well-connected area

FAR 0.4 = 60/40

Though an application for relaxation is open, the property is currently permitted to build up to three stories in height.

Seize the opportunity to bring new life to this prime property

Montclair, 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

6,931.79

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