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R8,000,000

Monthly Bond Repayment R86,696.57
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Great investment opportunity

Umhlatuzana
A great investment opportunity has presented itself just off Higginson Highway in Umhlatuzana T/ship. The developer has created 4 x 3 bed, 2 baths, 2 parking units and 4 X 2 bed, 1 baths, 1 parking units. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R54 000pm. The estimated rental income could be R720 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being 13 apartments in the Malvern area with 3 beds, 2 baths, 2 parkings as the standard spec. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.

Features

20
12
Interior
Bedrooms
20
Bathrooms
12
Kitchens
8
Reception Rooms
16
Exterior
Carports / Parkings
12
Sizes
Land Size
1,310m²

Umhlatuzana, 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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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

86,696.57

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