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R2,300,000

Monthly Bond Repayment R24,925.26
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R800
Monthly Rates
R1,500

Investment Opportunity: Luxurious Property

This meticulously designed home is a prime investment opportunity, which comes with a secure two-year lease in place commencing on the 1st November 2023 at R15 000 per month. The property boasts premium finishes throughout, including Caesarstone countertops, soft-closing cabinetry, polished concrete flooring, and solid wooden doors and skirting.

Each unit features three bedrooms, two bathrooms plus a guest toilet, a fully fitted kitchen, a courtyard, and a cellar storage room. The property is also equipped with water tanks, solar geysers, electric fencing, and fibre is available in the area. The property is located in a secure community with an active neighbourhood watch, making it an ideal choice for families and professionals. It is also conveniently located close to schools, shops, and restaurants.
This exceptional investment opportunity offers a secure two-year lease with a discerning tenant, premium finishes, and a convenient location.
Additional Investment Highlights:
Energy-efficient solar geysers and water storage tanks
Close proximity to schools, shops, and restaurants
Two tandem open parking spaces per unit
Individual water and electricity meters
Fibre internet access in the area
Contact Eustacia or Irwin today to learn more about this exceptional investment opportunity.

Features

3
2.5
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
500m²
Extras
Bath Toiletand Basin • Blinds • Balcony • Built in Wardrobes • Complex • Dishwasher Connection • Double Parking • En Suite • Electric Fencing • Electric Gate • Freestanding • Guest Toilet • Open Plan Kitchen • Oven And Hob • Residential • Secure Parking • Shower Toiletand Basin • Solar Geyser • Tandem Parking • Tiled Floors • Townhouse • Vinyl Floors • Walk In Closet • Washing Machine Connection

Durban North, Durban North

On the northern bank of the Umgeni River, the family-friendly suburb of Durban North begins. Known as a suburban mecca and entertainment hub, Durban North is a safe and sought-after neighbourhood situated just before Umhlanga.  A brief history of the area The owners of the Durban North Estates Company, a property development business, purchased a large piece of land known as the Prospect Hall Sugar...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

24,925.26

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