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R5,950,000

Monthly Bond Repayment R64,480.57
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,107

2 spacious maisonettes with varied potential uses

Essentially these are mirror image units but with slight differences here and there. Electricity is single-phase for the outbuildings which consist of 1 bedroom flatlets and double garages which have motorized doors.
Flatlets each comprise an open-plan living area and granite kitchen with a separate bathroom and bedroom.

The maisonette greets you via a covered verandah through the front door to the entrance hall. The lounge is separate from the dining room, and they are big. The lounge has a bay window. It would be an easy matter to put a 10 seater dining table in the dining room. The granite kitchen is large with cupboards a-plenty, and uco and hob are provided. The kitchen is plumbed for a washing machine and dishwasher. The back door leads out to the garden and windy drier.

Upstairs are the 3 bedrooms and a full bathroom. The main bedroom has a full en-suite and a covered verandah.

All of this x 2 makes it perfect for an office space on one side with a house for the owner right next door. Alternatively, it is a great space for a large family where each can have their own space and privacy. The flatlets are ideal for rental income/ teenagers, or those jobs which require deep concentration.

Parking: a double garage on both sides and plenty of space for staff and clients to park in either the driveway, the yard, or both.

Easy access to Musgrave Centre, The Pavilion, North, West, and South Durban

Call me and let us explore the options.

Features

6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
8
Security
Yes
Flatlet
2
Sizes
Floor Size
700m²
Land Size
900m²

Musgrave, 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

64,480.57

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