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R1,375,000

1 Orleans Place

Monthly Bond Repayment R14,192.59
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,300

Spacious income-generating property with stunning views

This expansive 4-bedroom property is an incredible opportunity to create your dream home or a lucrative investment. Situated on a generous 1,036 sqm flat plot in a quiet part of Reservoir Hills, this face brick home offers breath-taking urban and sea views, making it a rare find at a fantastic price.

Designed for effortless entertaining, the home boasts an abundance of space both indoors and outdoors, providing endless possibilities for relaxation and hosting guests.

Property Features:

Welcoming entrance: A charming patio leads you into the home.
Living spaces: The spacious lounge flows seamlessly to a large balcony, perfect for enjoying the picturesque views.
Open plan layout: A bright dining area connects to a fitted kitchen with a convenient scullery for added functionality.
Separate TV lounge: A cosy space for family movie nights or unwinding in privacy.
Ground-floor bedrooms: All bedrooms are fitted, with the main bedroom featuring a modern en-suite bathroom and direct access to the garden.

Additional Features:

Self-contained granny apartment - 2-bedroom cottage, ideal for extended family or rental income.
Parking: double lock-up garage plus space to park 6-8 additional vehicles in the courtyard.
Dual driveways offering added convenience and flexibility.
The expansive land provides ample opportunity for further development.

With its prime location, spacious layout, and income-generating potential, this well-priced property is a canvas waiting for your personal touch. Don’t miss this incredible opportunity—schedule a viewing today and make it yours!

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
8
Security
Yes
Flatlet
1
Sizes
Land Size
1,036m²

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

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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

14,192.59

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