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R240,000

Monthly Bond Repayment R2,518.21
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,084
Monthly Rates
R150

Bachelor Durban - Investment -Rental Income

Renovation opportunity awaits!
This 8th-floor bachelor apartment in Durban is transformed into a 2-bedroom gem.
Stunning views of the city and surrounding with abundant natural light, this property offers endless potential. The building may not have a lift, but the climb is worth it for the affordable price and promising returns. Currently tenanted receiving rental income.
One large room converted into a lounge dinning and 2 bedrooms
Functional Kitchen
One bathroom with bathtub
No lift (but a great workout opportunity!) maintenance in progress
Renovations needed (bring your DIY skills and design ideas!)
Prime location in Durban
Don't miss this chance to add your personal touch and call it home. Contact me to schedule a viewing and make this property shine!
E&OE

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
42m²

South 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

2,518.21

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