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R3,700,000

Monthly Bond Repayment R38,190.97
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,200

EXCEPTIONAL INVESTMENT OPPORTUNITY : PRIME DOUBLE STOREY PROPERTY WITH 4 UNITS

This spacious, modern double-storey house presents a fantastic investment opportunity with four
well-appointed units, located just behind the new Musgrave mosque on St Thomas Road. Access is
via a secure, gated cul-de-sac off Essenwood Road, ensuring both privacy and safety. Property
Highlights:
Unit 1 (Upstairs): A generous 3-bedroom, 2-bathroom unit covering 178 square meters.
Features include porcelain tiles throughout, a spacious open-plan living and dining area, and a fully
equipped kitchen. The master bedroom includes an en-suite bathroom.
Unit 2 (Downstairs): A large
2-bedroom, 1-bathroom unit with a comfortable lounge/dining room and a fully fitted kitchen, all
elegantly tiled.
Unit 3: A sizable 1-bedroom, 1-bathroom unit with an open-plan lounge/dining area
and a large kitchen, also fully tiled.
Unit 4: A practical bachelor unit with a bathroom, situated at the
rear of the property.
Pool Area: A small but inviting pool for relaxation and leisure.
Parking: Ample parking space for up to 5 vehicles.
Tenancy: All units are currently tenanted with market-related
rental income.
Proximity: Walking distance to places of worship, Durban High School, and Musgrave
Shopping Centre.
Seize this prime investment opportunity to acquire a property with strong income

Features

7
5
Interior
Bedrooms
7
Bathrooms
5
Kitchens
4
Reception Rooms
8
Studies
2
Exterior
Carports / Parkings
4
Flatlet
1
Pool
Yes
Sizes
Floor Size
356m²
Land Size
480m²

Musgrave, 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

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

38,190.97

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