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R650,000

Monthly Bond Repayment R7,044.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,129.7
Monthly Rates
R424

Immaculate affordable starter home

Situated in Essenwood near the Avonmore spar and Greyville racecourse, this neat as a pin 1 bedroom is an ideal starter. It has an undercover parking; complex is well maintained and just a few steps to climb from the parking. The block is low maintenance face brick so has a modern look and the location can get you to the promenade and good restaurants in mins. It has a seated tenant paying R5800pm on a month-to-month lease. The levies are crazy low and so are the rates. Outstanding ROI. Worth a viewing.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
41m²

Essenwood, Durban

Durban is a vibrant and cosmopolitan city that embraces a unique blend of cultures, stunning beaches, and a warm tropical climate. As the largest city in the province of KwaZulu-Natal, Durban has grown into a bustling metropolis known for its rich history, diverse population, and an array of attractions that cater to both locals and tourists. With its welcoming spirit, laid-back lifestyle, and abundance of...
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Weatherproofing Your Home for Heavy Rain in Durban: A Guide to Keeping Your Property Safe
Living in KwaZulu-Natal, we're no strangers to heavy rain and the occasional flood. Recent events have reminded us of the importance of weatherproofing our homes to protect our loved ones (including pets!) and property. Whether...
Published 20 Feb 2024
 
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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

R 

7,044.10

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