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R9,500,000

Monthly Bond Repayment R102,952.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R8,175

Prime Durban North property with phenomenal returns.

Main house consists of expansive open plan lounge dining with built in pub and games area leading on to extensive patio overlooking the well-manicured garden and sparkling pool. 3 bedrooms / 3.5 bathrooms are well sized. The spacious main suite upstairs has a separate office and opens onto a lovely patio area.

7 private bedrooms all with own access, generate a healthy return with a well-established profitable Air BnB running for many years.
These rooms are well located on the property for easy access for the guests from the onsite parking to their rooms. With 7 ensuite bathrooms these beautifully furnished rooms have all the comforts of home including being in beautiful grounds and with sea views. A quaint 1 bed bachelor cottage located at the bottom of the property could be utilized as a standalone work from home office. Separate laundry plus microwave station for guests. Double lock up garage with 7 off road parking space.

This property has huge potential as a live-in owner run BnB with present lucrative earning ability or as a 10 bedroom BnB with live in manager accommodation on site. One could also live comfortably and accommodate extended family. Conveniently located close to excellent schools and shops.

This is an opportunity not to be missed. Call now to book your exclusive viewing!

Features

10
9
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
7
Flatlet
1
Pool
Yes
Sizes
Land Size
1,371m²
Extras
Laundry • Patio • Views: Sea / Ocean • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Original • Kitchen: Dishwasher • Kitchen: Double Sink • Kitchen: Gas Bottled • Kitchen: Microwave • Kitchen: Finish • Kitchen Finish: Granite • Kitchen Finish: Timber • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Double • Bedroom 4: Built-in / Wardrobe • Bedroom 5: Double • Bedroom 6: Double • Bedroom 7: Double • Bedroom 8: Double • Bedroom 9: Double • Bedroom 10: Double • Main Bathroom: Bath • Main Bathroom: Separate Shower • Additional Rooms: Office / Study • Additional Rooms: Pool / Billiard • Additional Rooms: Guest Toilet • Heating / Cooling: Ceiling Fans • Heating / Cooling: Split Cycle A/c • Additionals: Electrical Satellite Dish • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Covered • Outdoor Living: Garden • Pool: Chlorine • Pool: Inground • Pool: Private • Garaging / Carparking: Double Lock-up • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Good • Window/door Frames: Timber • Water Supply: Town Supply • Sewerage: Mains

Durban North, Durban North

It's cosmopolitan, its sophisticated it's trendy, it's Umhlanga - the leisure capital of Ethekweni. From the Umgeni River to luxurious La Lucia is Durban North, a grand timeless suburb with beautifully lush greenbelts, parks, and tree-lined streets.  Mount Edgecombe is home to some of the most secure, upmarket residential estates. These 3 areas are closely located, enabling residents to enjoy every...
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

102,952.17

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