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R2,990,000

Monthly Bond Repayment R32,402.84
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,128

Investor's Dream: A Rare Opportunity to Own a Multipurpose Property in Bellair, Durban

Prepare to be captivated by this outstanding investment opportunity nestled in the heart of Bellair, Durban's hidden gem! An expansive three-bedroom house with an added bonus of 6 x 1-bedroom flats, all perched on an impressive 2196m2 plot of level and fertile land. Priced to steal at ZAR 2,990,000 - a golden ticket for the savvy investor!

Imagine the spectacular potential of this versatile property. With plenty of room for parking and endless possibilities for expansion, this house is an investor's dream come true! Your entrepreneurial vision can come alive right here in Durban's thriving property market.

As you step into the main house, be enthralled by the warmth of three fair sized bedrooms and a warm and inviting living area. A garden-lover's blank canvas awaits your attention outside, create your entertainment area to your satisfaction. There are incomplete finishing touches awaiting your imagination, giving you an opportunity to bring your ideas to life.

The additional 6 x 1 bedroom flats can cater to various needs, rent them out for a steady income or keep them for visiting family and friends. The promise of a flatlet is an exciting proposition to add convenience and value. It can serve as additional living space, a guest suite, or a dedicated space for a home-based business – the potential is simply unlimited!

The entire property is fully fenced and gated, reinforcing a safe and secure environment, making it pet-friendly and perfect for families. The absence of high-rise buildings contributes to a peaceful, suburban environment that remains in close proximity to Durban's bustling city centre.

Bellair, Durban, is a historic suburb known for its close-knit community atmosphere, combined with the convenience of city living. Situated just 10km away from the city centre, you are never too far away from the vibrance of Durban's exquisite beaches, the bustling Victoria Street Market, or the culinary delights dotted across the city.

This property is app 6km in either direction to your local shopping centres. It boasts easy access to public transport, the M7 / N2, schools, healthcare facilities, and parks, making it ideal for those seeking a combination of city and suburban life.

Join us in capturing the magic of this unique property in Bellair, Durban. Secure your future and let this property become your thriving new chapter of promising returns!

Don't miss out on this great rental opportunity waiting for you in Bellair, Durban. Make this jewel YOURS! Secure your viewing today on Property24, your one-stop platform for prime real property.


Address: 
Bellair, Durban, 4006, South Africa

Features: 
Three bedroomed house, 2196m2 of level land, plenty of room for parking and expansion. 6 x 1 bedroomed flats. Fully fenced and gated

Features

3
1
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
9
Sizes
Land Size
2,196m²

Bellair, Durban

Durban Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

R
%

Monthly Payment

32,402.84

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