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R1,255,000

Monthly Bond Repayment R13,600.52
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Great investment opportunity!

Great investment opportunity - 1 Main house and 2 flats on the property, perfect for investments.

A fantastic opportunity for investors looking to maximize their returns. This property offers not one, but two flats, providing versatility and potential for rental income. With a listing price of 1 255 000, this is an opportunity you don't want to miss. Preapproved only for 850 000/900 000? No problem you can get this property and a bond as the 2 flatlets on the property will generate R8000 at least every month with renters!

Situated in the vibrant suburb of Sea View, Durban, this property offers a prime location within the city. Sea View is a sought-after area known for its picturesque surroundings, friendly community, and convenient access to amenities. Its close proximity to schools, shopping centers, and major transport routes ensure a convenient and comfortable lifestyle for residents.

The main house features 2 bedrooms and 2 bathrooms, providing ample space for a small family or couple. The property also offers 4 parking spaces, ensuring that both residents and guests have convenient parking options.

In addition to the main house, the property boasts two separate flats. These flats are perfect for generating rental income, expanding your investment portfolio, or hosting extended family members. Their presence adds tremendous value to the property, making it an ideal investment opportunity.


If you're searching for a smart investment in the real estate market, this property presents a compelling opportunity. With its two additional flats and prime location, expect a high demand for tenancy in this area.

Don't miss out on this incredible deal. Contact us today to schedule a viewing and discover the lucrative possibilities.

Features

5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Flatlet
2
Sizes
Land Size
755m²
Extras
Above Road • Carport • Electric Gate • Flatlet • Covered Patio

Sea View, 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

13,600.52

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