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R795,000

Monthly Bond Repayment R8,341.59
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,174
Monthly Rates
R464

2-Bedroom Apartment with Spectacular Harbour Views

Sole & Exclusive Mandate
Discover this conveniently located 2-bedroom apartment in South Beach, featuring a spectacular harbour views and close proximity to various amenities.
Situated within walking distance of Addington Hospital, this apartment offers a kitchen with cupboards and an open plan lounge/ dining area. The main bedroom is generously sized and features abundant cupboard space. The second bedroom is also spacious, making this unit ideal for starter family, professionals, or investors.

Currently tenanted, this property is a prime investment opportunity. It is ideally situated on bus and taxi routes for easy transportation.
The complex includes 24-hour manned security, access control, a lift, CCTV, and an intercom system, ensuring a secure and peaceful living environment. This unit includes a dedicated undercover parking bay.

Additional perks include prepaid electricity and water meters, adding to the convenience of this desirable unit.

Contact me today to schedule an exclusive viewing by appointment

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
62m²
Land Size
1,519m²

Point, Durban

Beach meets business Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The...
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Points to ponder before investing in a buy-to-let property
It’s easy to understand the appeal behind investing in buy-to-let property. South African property has historically performed well, particularly in areas such as the Western Cape where property values have increased fairly...
 
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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

8,341.59

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