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R1,100,000

Monthly Bond Repayment R11,541.82
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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THREE BEDROOM HOUSE FOR SALE AT RESERVOIR HILLS

Welcome to your family home with income potential! This three bedroom house, located at Alek Close near Umgeni River area of Reservoir Hills, offers a spacious lounge and dining room, perfect for entertaining family and friends. The kitchen of this property is equipped with built-in cupboards, although the cupboards may require a little bit of love and care. Don't worry though, the potential is endless!

The three bedrooms are generously sized and have NO built-ins. But hey, who needs built-ins when you have all this space to play with? Plus, there are two bathrooms and a separate guest toilet for added convenience. This property also offers an outside building with a lounge, bedroom, and kitchen area, which makes it perfect for when you have guests over and need some extra space. The outside building is currently making about R3 300.00 rental per month.

For all your parking needs, the property has a double garage, a double carport, and space for two extra vehicles. It also provides a massive yard, perfect for building additional units if you're looking for some extra income. The location couldn't be better, with public transport right at your doorstep and stunning views of the Umgeni River. Imagine sitting on your porch and enjoying the peaceful nature around you since there are beautiful fruit trees in the area. The schools are also just a short distance away from the property including Westville Schools.

This property truly has it all even though it requires a little TLC. So, don't miss out on this amazing opportunity to invest in your future.

Features

3
2.5
2
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Flatlet
1
Sizes
Land Size
1,240m²

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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

11,541.82

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