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R3,599,000

Monthly Bond Repayment R35,931.69
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,460.6

Triple storey leisure by the beach

Located 5 minutes from the beach and close to shops and major transport routes, this deceptively large 3 storey property in Durban North is simply a must own.

The 5 bedroom home stands tall from the entrance, with only the triple storey elevation giving you a slight hint of what you can expect once you open the front door.

The entrance of the home is fully walled with electric fencing and a large gate opening onto the front lawn area. A double garage, as well as additional open parking for up to 4 cars, become your invitation as you make your way inside. Security is further fortified with the installation of a fully functional alarm system.

You are welcomed into the home on the ground floor by a walk in dining room that opens onto the lounge with a balcony overlooking the swimming pool. Once you make your way to the second level, you are greeted by a kitchen and bar together with two bedrooms. The upper level boasts a wooden staircase with access to the three remaining bedrooms that are fully carpeted and has built in cupboards. One of the rooms also has balcony views as well. In addition, there is also a separate study section for added space and legroom.

The property is further extended with 4 flatlets each with its own rooms, kitchenettes and toilets. With the Varsity College a short distance away, this is the ideal accommodation for students and a great rental income opportunity for the new owner. In addition, there is also a separate maid's quarters complete with its own shower.

A few final touch ups will complete your masterpiece. Make this home by the sea your first and only choice!

Features

5
3
2
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Security
Yes
Flatlet
4
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
198m²
 
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R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

35,931.69

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