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R785,000

Monthly Bond Repayment R8,507.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,445
Monthly Rates
R650

Lovely Two Bedroom Unit

Prime Property presents quintessential modern living at its best. Lovely unit with loads of character in a highly sought-after complex in Morningside. The unit boasts two bedrooms with a built-in wardrobe and one bathroom. The main bedroom has a sliding door which contributes to the natural light of the space. Neat kitchen with built-in cupboards offering ample space as well as built-in stove, extractor, and oven. A spacious open-plan lounge with an accent wall adds to the charm of the unit. The complex is secure with controlled access. Complex amenities include a braai area with a pool for the entertainer in you, one covered parking bay as well as 24-hour security.


This unit is ideal for a young professional looking for a starter home that can be later turned into a rental property. All investors looking to add to their portfolio are welcome due to the rental income generation capability of the complex by the property through long-term letting as well as holiday letting as so many other investors are doing in the complex.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
44m²

Morningside, Durban

Morningside, a large gentrified suburb of Durban that spreads from the lower end of the ridge overlooking Durban to just above the Greyville Racecourse in lower Morningside. This suburb offers tasteful examples of extensive Edwardian and Victorian style homes. Close to Mitchell Park and Jameson Park, cosmopolitan atmosphere and vibey night life particularly around Florida Road, which is made up of restaurants, pubs,...
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In the news

Prime Property opens its new site office and awaits the grand opening of the new Morningside branch.
Our site office opened on the 1st of December 2014 at Umhlanga Plaza, we do holiday letting, long term letting, commercial and residential sales.  We have a very experienced team managing all the foot traffic from the locals...
 
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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

8,507.10

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