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R200,000

Monthly Bond Repayment R2,132.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R3,500
Monthly Rates
R5

Studio flat in Retirement Hotel

Share Block Retirement Hotel for the young at heart over 50-year-old residents. Run and managed on a hotel style basis Eden Crescent has much to offer when considering where to spend your golden years.

This 32m2 studio flat has a built-in tea/coffee station with room for a bar fridge, toaster and kettle - all three meals daily served in the communal dining-room - no cooking permitted in the flats.
Carpeted bed-sit area with built-in cupboards, overhead fan and inland views.
Tiled bathroom with shower, WC and basin vanity cupboard.

Included in the general levy of R4016pm is the daily servicing of the flats, linen provided and changed weekly, tea and coffee twice daily in the communal lounge. There is also a lovely, secured swimming pool with pool sun loungers and a covered veranda for use by the residents.
Weekly bus trips to local shopping malls, a fully stocked library, games evenings and once a month a themed dinner function in the communal dining room. At additional monthly nominal charges Wi-Fi, DSTV package and parking available

The monthly food/catering levy is R3500 per person.
Currently tenanted @ R8900pm food included.
E&OE

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
32m²

North Beach, 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

R
%

Monthly Payment

2,132.86

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