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R1,375,000

Monthly Bond Repayment R14,663.41
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,170

Versatile income generator home

Well priced - Bargain!
So much on offer in one home!
This charming home, preserved in its original glorious state, features an income-generating flatlet and the potential for an additional flatlet with its own entrance. Lovingly maintained, the home welcomes you with soaring pine ceilings as you ascend the entrance staircase. The spacious lounge flows seamlessly into a large dining room and a recently remodeled, modernized kitchen.

A few steps lead to the slightly raised level where the bedrooms are located. The main bedroom boasts a private balcony, perfect for relaxing and enjoying the views. This level also includes a family bathroom, a separate guest loo, and a final bedroom with an en-suite. This area can be closed off from the second kitchen, which could serve as part of another potential flatlet.

The back of the property hosts a two-bedroom flatlet, ideal for generating rental income or accommodating an extended family. Additional features include a sparkling, generously sized pool, two JoJo tanks, prepaid electricity and water, and a separate laundry area.

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
725m²

Reservoir Hills, 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

14,663.41

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