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R16,000,000

Monthly Bond Repayment R173,393.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Great investment opportunity

A great investment opportunity is now available in the sought-after Malvern area. The developer has created 12 x 3 bed, 2 baths, 2 parking units all with the exact layout and a generous apartment for himself on this property. This is a massive 3-bedroom apartment with excellent modern finishes. 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 R100 000pm but not all units are currently occupied. The estimated rental income could be R1440 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 an 8-apartment complex in Umhlatuzana, Chatsworth.
Don't Delay to Call or WhatsApp me for more info regarding this rare deal.

Features

30
27
Interior
Bedrooms
30
Bathrooms
27
Kitchens
13
Reception Rooms
14
Studies
1
Exterior
Carports / Parkings
24
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
4,048m²

Malvern, Queensburgh

Nestled in the southern suburbs of Durban, Queensburgh is a tranquil suburban haven that offers residents a perfect balance between urban convenience and a peaceful residential lifestyle. Named in honour of Queen Victoria, this charming suburb exudes a sense of community, with tree-lined streets and welcoming neighbourhoods. With its well-established infrastructure, green spaces, and proximity to major amenities,...
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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

173,393.13

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