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R1,299,000

Monthly Bond Repayment R13,852.92
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Ideal Investment on Varsity Drive

Venture into the heart of Reservoir Hills where a unique and promising opportunity awaits. Set against the backdrop of the vibrant, student-frequented Varsity Drive, is a home built with the promising potential of both a Finishing Touch FairyTale and a Savvy Investor's Dream.

Boasting a spacious layout with 4 sunlit bedrooms and 2 bathrooms, a fitted kitchen, and a generously-sized lounge and dining room perfect for family gatherings. All it's waiting for is your personal touch.

As an investor, you'd be pleased with the bonus on offer. The property features a sizeable three-bedroom flatlet, complete with a kitchen and bathroom suite, offering amazing rental potential. Given its prime location, within walking distance to UKZN, renting out to students could provide a steady stream of income, making the property pay for itself over time.

If you're the type who appreciates outdoor relaxation, the sprawling garden is an added rare asset. Not to mention, for the pet lovers, this haven is pet-friendly, so your four-legged family members are more than welcome here. The property also provides ample parking space, a handy feature for when family and friends come around.

One shouldn't forget the peace that comes with full security measures in place, providing an additional layer of tranquility in your investment.


This property, listed at R1 299 000, is crying out for someone with vision, passion and a touch of renovation bravado. Grab the chance to carve your own masterpiece from this home's depths, while simultaneously accumulating wealth.

For the savvy investors, the ambitious renovators and all in-between, this Varsity Drive Treasury is your chance to drop the anchor and make a mark in real estate.

Contact us today, seize this golden opportunity and start your homeownership or investment journey in the bustling heart of Reservoir Hills, Durban. Start turning dreams into driveways now!

Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
1
Sizes
Land Size
1,296m²

Reservoir Hills, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

13,852.92

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