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R1,700,000

Monthly Bond Repayment R17,547.20
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,757

Unlock the Potential: A Multifaceted Investment Opportunity Awaits in Westville

Welcome to the vibrant suburb of Atholl Heights, Westville, a sought-after area known for its family-friendly atmosphere and proximity to top educational institutions like Atholl Heights School. Nestled in this wonderful locale, we present an incredible opportunity for savvy investors or large families looking for a versatile property that can effortlessly enhance their lifestyle and financial portfolio.

Priced at an enticing R1,700,000, this generously proportioned property offers a unique investment opportunity, currently structured into four distinct living sections. The main house, with its 3/4 bedrooms, provides a self-contained haven that can easily cater to a large family while maintaining privacy and comfort. Alongside this, you'll discover a separate 2-bedroom flat, perfect for extended family or rental income, complete with its own entrance and full amenities.

Complementing the ensemble are two charming 1-bedroom flats, each exuding a sense of independence with their own separate entrances. With 4 parking spaces on the property, accommodating your needs and those of potential tenants is a breeze.

Imagine the income streams possible from this pet-friendly property, nestled amid lush gardens that offer peaceful respite from the bustling city life. Here, rentals have the potential to cover more than your bond, allowing your investment to practically pay for itself, a rare gem in today's market!

Westville's commute-friendly location offers quick access to essential amenities, shopping centers, and the vibrant cultural offerings of Durban city. And with a reputation for security and community, Westville ensures peace of mind and the promise of a higher quality of life.

If you’re seeking an investment that transforms into a significant income generator or a home adaptable to your family’s evolving needs, this property in Westville stands ready to become whatever you imagine. Don't miss this chance to let your passive income dreams flourish and grow – the possibilities are endless with this promising prospect.

Features

8
6
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
6
Kitchens
3
Reception Rooms
6
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
1
Sizes
Land Size
1,940m²

Atholl Heights, 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

17,547.20

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