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R1,285,000

Monthly Bond Repayment R13,045.69
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R642

The 3 bedroom home in Reservoir Hills is a perfect opportunity for student accommodation investment,

Priced at a reasonable R 1 285 000, the property features a double garage, making parking convenient for the tenants.

Located just 5 minutes away from UKZN University, this home is in a prime location for students looking for easy access to their campus. The house offers 2 bathrooms, one of which is an ensuite, ensuring that there is plenty of space for multiple tenants.

The top layer of vacant land on the property provides an opportunity to expand and build a Wendy house or storage room, creating even more living space for students. The large kitchen is perfect for preparing meals for multiple tenants, and the spacious balcony offers a great place to relax and unwind.

Overall, this home in Reservoir Hills is a great investment for anyone looking to convert it into student accommodation, with its convenient location, ample space, and potential for expansion.

Please get in touch with me immediately

Features

3
2
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Sizes
Floor Size
904m²
Land Size
905m²

Reservoir Hills, 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

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

13,045.69

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