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R1,600,000

Monthly Bond Repayment R16,788.10
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,192.3

FOUR BEDROOM HOUSE WITH GREAT INCOME OPPORTUNITY FOR SALE AT RESERVOIR HILLS

Looking for a big home with a great income opportunity? Then this four-bedroom double storey house is waiting for you. This house has four bedrooms on the top floor and another two-bedroom unit on the bottom floor. In addition to that; there is another two-bedroom granny cottage outside the house. Both units have two bedrooms with lounge and kitchen areas and are already generating a good income of about R8000.00 per month. The units have their own individual electricity metres.

The top floor of this property welcomes you with a modern fully fitted kitchen having granite tops and the breakfast nook table. This kitchen leads to an open plan lounge and dining room area with stunning chandeliers, fire place and an air conditioning system. The property is tiled throughout and thus making it easy to maintain. The three bedrooms on the top floor have built-in cupboards and one bedroom only has a dressing table. There are two bathrooms in this property. One of these bathrooms is an ensuite bathroom with shower, toilet and basin on the top floor.

This massive double storey house has a private outside entrance to the basement consisting of two bedrooms, kitchen, one spacious bathroom having a shower, basin and a toilet. There is also an additional two-bedroom granny cottage also with its own bathroom, lounge and kitchen areas. This property is ideal for use as a large family home or a potential income generator for potential property investors since it is already generating a good rental income. It is closer to all amenities, shopping centres and good schools of Reservoir Hills and Westville; UKZN Westville Campus and as well the public transport main route.

The house offers ample parking space, a double carport and a lock-up garage to accommodate two cars. It is fully fenced and have an alarm system

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Flatlet
2
Domestic Accommodation
1
Sizes
Floor Size
1,045m²
Land Size
1,045m²

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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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

16,788.10

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