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R1,650,000

5 Kitty mere Lane

Monthly Bond Repayment R17,312.72
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,607

Investment Opportunity !!!

Off Lilian Ngoyi Road, this is a perfect investment opportunity .....

Currently occupied by tenants - needs complete renovations to be your own or an investment opportunity with current owners proposed plans.

Current owners proposal of 42 micro units within a 4 storey building - ground floor level 16 parking bays with 3 floors of 14 residential units.

Self contained units approximately 18sqm with en-suite and kitchenette. This versatile model can be developed to accommodate students or rented out as bachelor units.

- application approved by Land Use Management , currently with Development Applications and Approval department
- construction drawings and engineers specification have also been completed which basically means this is ready to go after approval.

Current architect and engineer are happy to assisting in final submission process at a fee to be discussed.

Rates R 1607
E&OE

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
5
Sizes
Land Size
735m²
Extras
Double • Garden • Perimeter Wall

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,312.72

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