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R7,200,000

Monthly Bond Repayment R76,782.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

12 Bedroom House For Sale in Northdene

Investor's Dream Property For Sale
Description: An exceptional investment opportunity awaits with this multi-unit property boasting a range of residential units
Units:
1. Two 3-bedroom fully fitted units:
• Each unit has have fully fitted bedrooms and kitchen with open plan lounge dinning room.
• Each unit features en-suite bathrooms and a family bathroom.
• One unit includes a private pool, double garage, and an open basement.
2. Two 2-bedroom duplexes:
• Fully fitted kitchens and bedrooms.
• Single bathroom.
3. Studio apartment:
• Equipped with a kitchenette.
4. Fully fitted office space.
Additional Features:
• All units are subdivided.
• Application for sectional title is in progress.
• Approved plans for the construction of four additional two-bedroom units.
• Proximity to freeways and schools.
Potential: With the option for sectional title and approved plans for expansion, this property offers immense potential for increased rental income and property value growth. Additionally, the adjacent property is available for separate purchase, providing further development opportunities.
Location: Conveniently situated close to freeways and schools, this property offers accessibility and appeal to potential buyers. Don’t miss out on this prime investment opportunity in a sought-after location. Enquire now to capitalize on this lucrative proposition!
Current rental R55000.00

RATES R1610.00

Features

12
8
1
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
8
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
1
Carports / Parkings
18
Security
Yes
Pool
Yes
Sizes
Floor Size
3,036m²
Land Size
3,038m²

Northdene, Queensburgh

Queensburgh Queensburgh is a built up area that has boomed recently to include as many as 10 suburbs in its reach just 15 minutes’ drive south-west of Durban, en route to Amanzimtoti on the M7. With the push for property moving prices well out of reach of the average South African, Queensburgh manages to provide affordable properties to first time buyers as well as more substantial homes for top of 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

76,782.93

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