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R950,000

Monthly Bond Repayment R10,295.22
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,700
Monthly Rates
R700
Special Levy
R400

Opportunity knocks, Ocean view and parking!

Sectional title, parking and views!

This 76sqm apartment that boast stunning ocean and stadium views is walking distance to the Durban promenade, Suncoast Casino and the beach! It is also in close proximity to the North Beach Musalah, parks and medical facilities.

The property consist of a kitchen, open plan living and dining area. There is also a spacious main bedroom and a moderate second bedroom on the enclosed balcony. Built in cupboards in the main bedroom with a ceiling fan to keep you cool in the hot Durban weather.
The bathroom is modern, with a separate toilet.
The apartment has parquet and tiled flooring.

Security includes an intercom, alarm, burglar bars and 24 hour security.

Tenanted till May 2024 at R 7000,00 p m.

One parking bay on the premises adds more value to this apartment.
Levy is R 1700 per month plus special levy of R 400,00 that is in place at the moment.
Tenant willing to move if apartment is sold to a purchaser that would like to move into the apartment.

Features

1.5
1.5
Interior
Bedrooms
1.5
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
76m²
Extras
Built-in Wardrobes  • Intercom  • Alarm  • Burglar bars  • Ceiling fan in main bedroom  • Enclosed balcony (2nd bedroom)  • Modern bathroom  • Ocean and stadium views  • Walk to the beach

North Beach, 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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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

10,295.22

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