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R3,100,000

Monthly Bond Repayment R33,594.92
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,726.2

Large house for sale in Glenwood - Investment opportunity

This 701m² property in Glenwood has so much to offer. It has been specifically modified for student accommodation and all the furniture seen in the photos goes free with the purchase – several hundred thousand spent including a large Wendy house with its own ablution, power, and balcony area.

Offerings:-

- Main house with 5 big bedrooms, several bathrooms, large kitchen, extra-large lounge/dining area.
- Staff accommodation area and Wendy house for extra room or security accommodation.
- Further approximately 100m² of outbuilding (converted 4 car garage) that could accommodate another approximately 10 beds, with a further area including a room and en suite, as well as further room/office.
- Swimming pool

This fantastic investment opportunity is well positioned in proximity of tertiary institutions.

Asking price is R3.2m. Phone Shaun for further details.

Features

5
5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Garages
2
Carports / Parkings
2
Flatlet
20
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
300m²
Land Size
701m²
Extras
Wendy House • Converted Garage

Glenwood, Durban

Nestled in the heart of Durban, Glenwood is a vibrant and culturally diverse suburb that embodies the perfect fusion of historical charm and modern living. Known for its tree-lined streets, beautiful architecture, and lively community spirit, Glenwood offers residents and visitors a delightful experience with its blend of cultural richness, recreational opportunities, and convenient amenities. Historical...
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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

R
%

Monthly Payment

33,594.92

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