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R1,950,000

Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,357

Investment Opportunity

This double storey semi detached house in McKenzie Road, Morningside is for sale.

Situated close to Windermere centre, this home is an investment opportunity for a landlord looking for a property for multi tenanting.

There also is potential to live in one section of the house and rent/work from the other section.

The property does need some TLC and comprises of the following-

4 bedrooms
2 lounges
2 bathrooms
2 kitchens
Laundry room

The property has two single lock up garages with direct access into the property. The garages are converted into two cottages but be converted back to two lock up garages.

The property has a level garden and is fully walled.
The property certainly has potential and is a blank canvas.

Contact me ASAP to arrange and viewing of this opportunity.

Operating in terms of a franchise agreement with Tyson Property Holdings (Pty) Ltd.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
2
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
2
Domestic Accommodation
1
Sizes
Land Size
366m²
Extras
Bath, Toilet and Basin • Double Storey • Semi Detached

Morningside, 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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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

20,795.38

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