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R450,000

Monthly Bond Repayment R4,798.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,000
Monthly Rates
R300

Home Starter/Investor

An opportunity represented for a first time buyer/investor, a 65 square meter for that value in the cbd is actually a bargain. This apartment has lots of potential for investors as well, and generates about R6000 per month, stress free for your bond repayment plan. Allocated in the cbd where its convinient for students and also working class
The apartment is neat and no renovations required, floors wooden and shiny kitchen neat and tiled so as the bathroom

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Studies
1
Sizes
Floor Size
65m²
Land Size
650m²

Durban Central, 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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In the news

Choosing the Perfect Industrial Premises: A Guide for Durban Businesses
As Durban continues to flourish as a hub for industrial activity, selecting the right premises for your business becomes increasingly crucial. Industrial real estate isn't just about square meterage; it's about finding a space...
Published 3 May 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

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Expenses

R Detail your expenses
%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

LOAN AVAILABLE
R
%

Monthly Payment

R 

4,798.93

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