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R400,000

Monthly Bond Repayment R4,197.02
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R700

IDEAL FOR DEVELOPERS

Seize the opportunity to own a 1275m² land parcel in the sought-after suburb of Reservoir Hills. This prime plot, set below road level, presents an ideal foundation for your next development project. With a blank canvas awaiting your vision, the potential for a lucrative investment is clear.

The site is surrounded by established infrastructure and a thriving community, offering a harmonious blend of peaceful living and urban convenience.

One of the standout features of this property is its excellent location, with easy access to major transport routes, ensuring effortless connectivity to local destinations and beyond. Commuting is made simple, with everything you need right on your doorstep.

A range of amenities, including shopping centres, restaurants, schools, and medical facilities, are all within close proximity, catering to everyday needs. This location is particularly attractive to families, making it an ideal spot for both developers and future residents.

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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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

4,197.02

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