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R2,895,000

Monthly Bond Repayment R31,373.32
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,562

Family Home with Income-Generating Opportunity in Upper Reservoir Hills, Durban

Family Home with Income-Generating Opportunity in Upper Reservoir Hills, Durban
This delightful 4-bedroom home is nestled in the upper Reservoir Hills - a suburb in Durban known for its fusion of culture, nature, and tranquility. Priced at a competitive 2,850,000, this property offers true value for your money, presenting an ideal chance for new beginnings.
The home itself is a celebration of space and convenience. With 4 restful bedrooms, 2 modern bathrooms, and a lot of parking spaces – including a double garage, this property caters to families seeking a harmonious blend of style, comfort, and practicality.
The heart of this home - the kitchen, is a functional and inviting space, equipped with modern amenities. Adjacent lies a dedicated laundry room simplifying your day-to-day chores.
Venture outside to find a well-maintained garden – a serene haven for those with green fingers. This outdoor oasis conveys a pet-friendly environment so your beloved companions can roam freely.
The standout feature of this house is the fully equipped flatlet boasting its own double garage. This offers a substantial opportunity for extra income, either as a rental or AirBnb. Its separate entrance enhances privacy while being part of this secure property.
For ultimate security, the property has CCTV cameras installed, along with automated gates leading to a tarred yard, combining ease of movement with safety.
While this property is a catch itself, its location is equally appealing as it seating on the border between Westville and Reservoir Hills which is close to renowned schools, shopping malls, and healthcare facilities, making everyday living a breeze.
The bonus? Low rates associated with this property mean more savings in your pocket.
Rates: R1,562
ERF Size: 945m2
Take the leap and embrace this unique opportunity. Contact me for a viewing and let's make Reservoir Hills your new postcode.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Flatlet
1
Sizes
Land Size
945m²
 
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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

R
%

Monthly Payment

31,373.32

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