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R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,585
Monthly Rates
R1,000

Investors Dream

This spacious two-and-a-half-bedroom apartment is an investors dream. It is in a secure, well managed block in a desired part of Glenwood close to shops, schools and the university. On the ground floor is the wooden floored main apartment with an open plan kitchen, bathroom, and separate loo.

Under the main apartment lower down the hill is a second residence consisting of several joined storerooms converted into two bedrooms a kitchen and bathroom. This setup is a sure money maker and a must see for all serious investors, book now to view.

Features

2.5
1
1
Interior
Bedrooms
2.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Flatlet
1
Sizes
Floor Size
125m²
Extras
24 Hour Access • Granite Tops • Guest Toilet • Built in Wardrobes • Intercom • Curtain Rails • Driveway • Open Plan • Cooling Fans

Glenwood, Durban

Within the KwaZulu-Natal province of South Africa, nestled south of Bulwer lies Glenwood. The area is a middle-class suburb with mixed property types that comprise mainly freehold homes with fewer apartments and sectional-title townhouses. The architecture is assorted with a lot of homes dating back to the early 50s, extending from its colonial-style mansions to conventional and modern homes which all contribute to...
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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

14,088.19

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