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128 Sondela Court

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Mixed Use Business and Residential Block

Prime Investment Opportunity in Umbilo

This versatile mixed-use building in Umbilo offers a compelling investment prospect. The ground floor features six fully leased retail stores, each designed to accommodate various businesses, complemented by ample open parking spaces for the convenience of both tenants and customers.

The second and third floors are dedicated to residential living, housing eight well-appointed apartments. These include three one-bedroom units and five two-bedroom units, all equipped with prepaid utilities. Residents benefit from secure, access-controlled parking and three tandem garages.

Located in a sought-after area, this property promises steady rental income and significant potential for future growth

Features

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20
Zoning:
Mixed Use
Exterior
Security
Yes
Sizes
Floor Size
1,200m²
Land Size
1,208m²
Parking Bays
Open Parking Bays
20

Umbilo, 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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Durban's Hot Property Locations
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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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

217,922.94

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