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R770,000

Monthly Bond Repayment R8,211.51
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,608.3
Monthly Rates
R750

Prime Investment Opportunity

An exceptional investment opportunity awaits as the unit has a tenant on a long lease. This ground-floor apartment, situated within a secure estate, has undergone a stunning renovation, showcasing a seamless open-plan layout that effortlessly connects the lounge to the garden through sliding doors. The kitchen boasts ample cupboard space, creating an ideal setting for entertaining guests. The generously sized bedroom is adorned with built-in cupboards and an en-suite bathroom, ensuring both comfort and convenience.

The complex residents have access to a communal swimming pool and enjoy 24-hour secured entry, offering a sense of tranquillity and relaxation. Additionally, the property is strategically positioned in proximity to shopping centres and schools, making it an optimal choice for a long-term rental investment.

Seize this opportunity before it slips away! Contact me today to arrange a private viewing and explore the full potential of this investment gem.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
39m²
Extras
24 Hour Access • Coastal Beach • Complex

Ballito Central, Ballito

During the last few years, the once small holiday town of Ballito has grown into a flourishing business hub with a variety of commercial interests. The area now supports a growing residential population with all necessary amenities. Ballito on the Dolphin Coast is just 40 minutes from Durban, 20 minutes from Umhlanga, and 15 minutes from King Shaka International Airport. Many commutes to Durban and Umhlanga...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

8,211.51

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