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R4,450,000

Monthly Bond Repayment R45,932.38
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,000

OPPORTUNITY ONLY STRIKES ONCE!

OPPORTUNITY ONLY STRIKES ONCE!

This property is a prime investment opportunity, ideal for generating consistent rental income. Centrally located on a full title, it offers an expansive layout originally built for a large extended family, now perfectly suited for someone seeking steady returns. The setup could appeal to retirees looking to occupy a unit near the pool or an investor who enjoys seeing others benefit from their property.

Each of the three-bedroom units has been fully renovated with modern, high-quality finishes, ensuring they are attractive and comfortable for tenants. In addition, the one-bedroom unit features a separate attached bedroom with its own bathroom, offering extra privacy and convenience for tenants.

The property includes a spacious pool and entertainment area, providing a shared recreational space for all tenants to enjoy. This creates an appealing lifestyle choice and increases the attractiveness of the units. The property also boasts ample parking, ensuring that all tenants have a dedicated space for their vehicles.

This investment opportunity is not expected to last long, making it a must-see for anyone looking to capitalize on a well-maintained, income-generating property.

Features

12
7
Interior
Bedrooms
12
Bathrooms
7
Reception Rooms
4
Exterior
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Land Size
1,012m²
Extras
entertainment area

Morningside, Durban

Those seeking to relocate to the leafy Durban suburb of Morningside have very diverse lifestyle requirements, from big green outdoor spaces and trendy entertainment areas to top-notch security and proximity to a range of amenities. "However it manages to deliver for just about everyone," says Nicole Sheppard, Chas Everitt International sales manager for Morningside. "Even the most particular among them...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

45,932.38

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