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STUDENT ACCOMMODATION - 406 STUDENTS - MONTCLAIR

Ridgemont residence is a combination of a fully renovated existing building and a newly built block of apartments. Each of the large and spacious units have been designed as per the regulations and requirements for student accommodation. All products used in creating this unique establishment is of high quality to ensure that the students are comfortable at all times. Biometrix access, electric fence, 24 security guards and 82 channel continuous CCTV monitoring. Each student within a room has a comfortable bed, lock up wardrobe, study desk with chair and a bookshelf. Each Bedroom is also fitted with a fridge/freezer. Each kitchen has a 4 plate hob, microwave, double-bowl sink and a lock up cupboard. Specifically designated study room, designated TV/Common room with a large flat-screen TV loaded with favorite DSTV channels. Designated washing area with 6 washing machines, 6 tumble dryers, 6 wash troughs and ample washing lines. 30 x 1 sleeper rooms, 176 and 2 sleeper rooms 8 x 3 sleeper rooms - Total 406 students

Features

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Building Name:
Ridgemont Residence
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Land Size
1,465m²

Montclair, Durban

The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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Chris Tyson, chief executive officer of Tyson Properties, says as Africa’s fastest growing city, Durban is an exciting place to work, play and live in.   Tyson explains that KwaZulu-Natal is one of the...
 
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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

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Monthly Payment

1,335,656.72

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