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R415,000

Monthly Bond Repayment R4,425.68
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,113
Monthly Rates
R130

1 Bedroom Apartment Prime Location SOUTH BEACH-INVESTORS Rental Income

Prime location in South Beach with excellent public transport access and 24-hour security.
The open-plan kitchen and lounge area offers a functional layout, featuring a modern kitchen with a convenient breakfast nook and ample cupboard space. The single tiled bedroom provides a comfortable retreat,with awesome sea views, while the bathroom is equipped with a shower and basin.
An ideal opportunity to start or expand your property portfolio. High demand for rental income makes this a smart investment.
An additional advantage is the convenience of prepaid meters for both electricity and water, allowing for easy management of utilities.
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E&OE

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
33m²
Land Size
1,521m²

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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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

4,425.68

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