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R3,000,000

Monthly Bond Repayment R32,511.21
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R4,268
Monthly Rates
R2,606

SOUGHT AFTER SPEARMAN MEWS

A rare opportunity to own a 359 sqm townhouse in this amazing complex. All units are modern and upmarket in styling and the offering on this unit is hard to match. It is currently being utilized as 2 separate sections, roughly 180sqm each, both with very similar spec. 3 bedrooms, 2 baths, 2 parking’s and both with long seated tenants. This is 1 section on the Sectional scheme plan.

The bottom unit has a private garden and rare as it could be a simplex, no more loading and lift issues. A massive open plan fully fitted kitchen, lounge and dinning area. 3 Bedroom with en-suite and 1 family bath.

The upstairs unit has the same configuration with a garage and balcony being the extra offering.

Units in this complex command up to R12 000sqm, this could be yours at R8500sqm, no chance of over capitalization to spec these units to your own taste. This unit could be utilized in many ways, 2 separate rental units, live in one section and receive rent from the other. Run and non-intrusive business from home., Guest house for family or living for a large family.

A must see, close to Desai meats, hub of Overport, Randles Road and 45th Cutting, opposite direction will get you to Springfield park in less than 5 minutes. Safe secure complex with automated access and the unit is located well inside for added safety.

Features

6
4
1
Interior
Bedrooms
6
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
1
Carports / Parkings
3
Security
Yes
Sizes
Floor Size
359m²

Sherwood, 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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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

32,511.21

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