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R1,000,000

Monthly Bond Repayment R10,837.07
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R550

Excellent Investment Opportunity

Calling all investors for this great investment opportunity for rental income from 3 living units situated on 1 property with ample parking spaces for your tenants plus prepaid meter installed.

Main building consists of 2 bedrooms 1 bedroom has BIC, lounge, toilet and shower, kitchen with BIC house is fully tiled with AC in 1 bedroom and burglar guards. Out building is face brick double story with upstairs 1 bedroom with BIC and AC, open plan kitchen and dining, toilet and shower, tiled, own separate entrance with stairs that leads upstairs.

Downstairs you have 1 bedroom open plan with kitchen, toilet and bathroom, plus additional large storage room or home office.
Ample yard space fully tarred with carport for parking many vehicles. This property wont last long on the market as a serious investor will see the value and it will be sold soon. So if you are keen on building a solid property portfolio then I suggest you contact me as soon as possible to arrange a private viewing appointment.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
1
Sizes
Land Size
411m²

Havenside, Chatsworth

Located in the southern suburbs of Durban, Chatsworth is a vibrant and culturally diverse area that encapsulates the spirit of unity in diversity. Named after the then-Minister of Indian Affairs, Chatsworth is renowned for its rich heritage, strong sense of community, and a unique blend of modern living and traditional values. As a melting pot of cultures and traditions, Chatsworth offers residents a warm and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop Property Group website is accurate and up to date, Maxprop Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

10,837.07

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