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R2,700,000

6 Martin Crescent

Monthly Bond Repayment R28,329.91
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,718

Discover an Exceptional Investment Opportunity in the Heart of Westville

A secure gem nestled in the vibrant and sought-after neighborhood of Westville. This property is not just a home; it’s a versatile investment designed to maximize your income potential. Located on a boom-gated and guarded street, you can enjoy peace of mind while benefiting from the lively community atmosphere.

The main residence features three generously sized bedrooms, each equipped with air conditioning to ensure comfort throughout the year. The layout is designed for both relaxation and functionality, making it an ideal family home. Additionally, the property includes 2.5 well-appointed bathrooms, with the master suite boasting an ensuite bathroom for added privacy and convenience.

This property is a true investment powerhouse, featuring a variety of income streams that cater to both investors and homeowners alike.

The standout feature of this property is the spacious two-story flat that is currently rented out for R8,500 per month. This well-maintained unit offers ample living space and modern amenities, making it an attractive option for tenants.

In today’s evolving work landscape, having a dedicated office space is invaluable. This property includes a well-appointed office that is currently leased for R5,500 per month. Its prime location and professional setup make it ideal for remote work, ensuring a steady income stream.

Adding to the property’s appeal is a delightful Wendy house that generates an additional R2,000 monthly. This unique space can serve various purposes, from a cozy retreat to a creative studio, further enhancing the property’s income potential.

All tenants are currently on month-to-month agreements, providing the new owner with the flexibility to retain them or explore other leasing options. The tenants have expressed their desire to stay, ensuring immediate income for the new owner right from day one.

Whether you’re looking to expand your investment portfolio or seeking a home with additional income opportunities, this property caters to both needs. The adaptable layout and multiple income avenues make it a smart choice for anyone looking to make a sound financial decision.

Situated in the vibrant heart of Westville, this property benefits from easy access to local amenities, schools, parks, and public transport. The neighborhood is known for its friendly community and safe environment, making it an attractive place to live and invest.

This home is more than just a property; it’s a unique investment opportunity that promises both immediate returns and long-term growth potential. Don’t miss your chance to own this versatile gem in Westville!

Features

3
2.5
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
377m²
Land Size
2,048m²
Extras
24 Hour Access • 24 Hour Response • Accommodation • Air Conditioner • Alarm System • Bachelor Studio • Carport • Built in Wardrobes • Cooling Fans • Domestic Bathroom Bathroom • Double Parking • Bath, Toilet and Basin • En Suite • Fenced Pool • Garden • Fan • Fibre • Gas Hob • Guest Toilet • Open Plan Kitchen • Shower, Toile tand Basin • Hob • Storage • Wooden Floors

Westville, Durban

One of the great characteristics of Westville is its central position to the Durban CBD, beachfront promenade, and easy access to main highways, leading you to both the north and south coast. Whilst retaining its residential charm, the quiet suburbia of Westville, rich in multicultural history, boasts beautiful views over the city, with homes set on spacious plots with lush gardens. Westville offers an array of...
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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

28,329.91

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