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R720,000

Monthly Bond Repayment R7,554.64
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,393
Monthly Rates
R825.5

Looking for an investment flat, stop and look R720000

Acutts Berea have this opportunity to sell this 2-bedroom flat for a good price, as it does need some TLC to make it homely again. There is a lot going on inside the flat but do look past the items and look at the potential of owning your own property or being an investor with a posable rental if at least R7500-R8000 per month.
Please find herewith below, a brief summary of the property:
- 2 bedrooms with BIC.
- Bath and basin, with separate toilet. Extra space above these rooms.
- Good size lounge and dining area that leads to the enclosed balcony.
- The kitchen does need some help, but space for all the items that one needs in a kitchen.
- 1 parking space for this flat.
- Fibre is in the building.
- Security 6pm-6am
- Close to main roads for public transport.
- Rates = R826 and levy = R2393
Does this all sound too good to be true? Then please WhatsApp me for a viewing.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
74m²
Land Size
1,978m²

Windermere, 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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In the news

The Simple Story of a Pioneer Durban Firm
R. ACUTT & SONS 1851 – 1951, ONE HUNDRED YEARS OF SERVICE, Founder of the Firm of R. ACUTT & SONS, LAND AUCTIONEERS, REAL ESTATE AGENTS, (ESTABLISHED 1851) Born at Babbacombe Bay, Torquay, Devon, England, 9th August,...
 
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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

7,554.64

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