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R2,700,000

Monthly Bond Repayment R28,793.60
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,718

LARGE FAMILY HOME WITH 2 GRANNY FLATS

Discover a prime investment opportunity in the heart of Westville at 6 Martin Crescent, a secure, centrally located gem nestled within a boom-gated and guarded road. This versatile property offers multiple income streams, making it a perfect choice for investors and homeowners alike.

Property Highlights:

• Income-Generating Options: This property includes a double story rented flat generating R8,500 per month, an additional ideal work-from-home office currently leased for R5,500, and a charming wooden hut bringing in an additional R2,000. All tenants are on month-to-month leases and are eager to continue, providing the new owner would like to keep them on, with immediate income potential.

• Main House Features: The main house boasts three generously sized bedrooms, all with ample cupboard space. The master bedroom includes an ensuite bathroom, complemented by a full family bathroom, a guest loo, and a small study, catering to all your family’s needs.

• Open Plan Living: The spacious, open-plan kitchen with an adjoining scullery flows seamlessly into the dining room and lounge. From here, concertina doors open onto a large covered entertainment veranda that overlooks a sun-drenched pool and a lovely garden, perfect for children and pets to enjoy.

• Ample Parking: A double carport and plenty of additional parking are available for tenants, family, and friends.

Location Perks:

• Conveniently located within walking distance to Westville Senior and Junior Primary Schools and the renowned Westville Junction.

• The property is secured with a comprehensive alarm system, offering peace of mind for you and your tenants.

• Easy access to all Westville shopping centers and major routes, including the M13, N2, and N3.

Features

3
2.5
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
377m²
Land Size
2,048m²

Dawncliffe, 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

28,793.60

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