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R2,295,000

Monthly Bond Repayment R23,688.72
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,769.8
Sectional Title Levy
R2,056.6

MONEYSPINNER!

This renovated, ground floor apartment has been a successful investment for the Sellers, achieving an average of approximately R25 000 per month on Air B&B. Sellers are now wanting to move on to a bigger property purchase.

Conveniently located in the pretty suburb of La Lucia, and only a very short walk to La Lucia Mall, this apartment is ideally situated for quick, easy access to the M4 (Ruth First Highway) and is only 20 minutes’ drive to King Shaka Airport, 6 minutes to the vibey Umhlanga Rocks Village and 14 minutes’ drive to Moses Mabhida Stadium!

Beautifully presented, light and bright living areas create an ambience of serenity and space. The immaculate kitchen is well thought out with the plumbing and fridge neatly tucked away into cupboards. Gas 4 burner stove, electric oven and airconditioning unit complete the comfort and convenience of the kitchen.

The two bedrooms are of good size, have built-in wardrobes and one has a split cycle airconditioner. The 2 bathrooms have showers, loo and basins.

The apartment comes with 1 secure undercover parking bay. Visitors parking bays are available within the gated complex, on a first-come-first-serve basis. There is plenty additional parking available in front of the complex. Extras include wifi, smoke and gas alarms, secure key box, good security and communal washlines.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
86m²
Land Size
8,359m²

La Lucia, Umhlanga

Introduction On the beautiful east coast of South Africa is Umhlanga, a thriving suburb of Durban that has stunning beaches, high-end housing and a lively community. This place is convenient for families as well as professionals who are employed or anyone who has retired, this coastal charm mixes with urban sophistication in Umhlanga. If you have ever thought about relocating, or you just like to visit, then...
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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

23,688.72

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