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R975,000

24 Battenberg, 469 Lilian Ngoyi Road

Monthly Bond Repayment R10,397.69
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R2,200
Monthly Rates
R980

2 Bed flat Morningside Durban

***Tenanted until 31 January 2025 ***
Investment buyer. All fair offers will be considered.
This very neat unit is on the second floor of a well maintained complex. No lift. One car lock-up garage within complex grounds. No extra bays.
Braai area and neat gardens

2-bedroom Full bathroom Separate WC. Carpeted throughout.

Fitted Kitchen with glass top hob Extractor and under-counter oven. Plumbed for Washing machine. Ample cupboard space. Breakfast bar

Arch to spacious lounge & dining area with overhead fan. Lovely open sea and city views.

Main bedroom has air conditioner and built-in cupboards
Second bedroom has built-in cupboard and overhead fan.

Rates R980 Levy R2200 includes water. Individual water meters are being fitted. Levy will be adjusted accordingly and water billed separately.
Electricity billed by current owner - current usage R1344 (one occupant) and includes Domestic Refuse R193pm Current rental income R8500pm.
E&OE

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
104m²
Land Size
1,704m²

Morningside, 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

10,397.69

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