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200 Feilden Drive

Apartments (8)
From R1,150,000
Size from 50m² to 80m²

Feilden Vista Investment: 8 Residential Homes Selling Off Plan. High Quality Finishes.

Investment

Amount

A total Investment is R6 500 000.00
Investors from R200k allowed into the group
Developers EastProp DevCo have secured the asset.
Investment is being raised for revamp and renovations works budget. ROI is between 14% - 18% paid in lump-sum at the end of the project. IE on transfer to end user buyers.

Duration

Investment period is over the 8 month project timeframe. The construction and renovations work period is 6 months with 2 months for transfer of title deeds to end user buyers.

Protection

All investments are strictly via Attorneys Trust Account and all funds from proceeds of the sales of the units to end user buyers are exclusively via the Attorneys Trust Account. ROI payments to investor/s are via Disbursement Agreement and directly to the respective parties. Milestone payments to suppliers and main contractors by sign-off and through the Project
Developers.

Features

  • Garden Homes - Well appointed and spacious with private garden and covered parking
  • First Floor Units - Trendy apartments with private balconies, covered parking & large windows
  • Smart Security CCTV Cameras
  • Electric Fencing
  • Automated Entry Gates
  • Solar Backup For Fridges and Appliances

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Carrington Heights, Durban

Durban at a glance Durban, a coastal city in eastern South Africa's KwaZulu-Natal province, is known for its African, Indian and colonial influences. Refurbished for soccer's 2010 World Cup, the seafront promenade runs from uShaka Marine World, a huge theme park with an aquarium, to the futuristic Moses Mabhida Stadium and The Durban Botanical Gardens.  Durban is known for the idyllic beaches of the Golden...
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10 Things to do Before You Sell Your House
Welcome buyers. Make your front door visible and accessible to buyers. Paint the door, clear debris and clutter from the walkway and yard, mow the lawn and prune hedges. Pot or plant colourful annuals and perennials to attract...
 
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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

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Monthly Payment

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