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R2,495,000

Monthly Bond Repayment R27,038.49
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R5,800

GLENWOOD MIXED RESIDENTAL INVESTMENT PROPERTY

Situated on a main road in Glenwood is this multi purpose mixed residential property giving investors or business owners the opportunity to own multiple tenanted residential units along with operating a business from a single premises due to it's commercial capabilities.

The residential part of the property is comprised of two one bedroom units as well as five studio units each with their own bathroom and kitchenette and living space. Each unit is fitted with independent water and electricity meters and come with one open bay parking.

Businesses will enjoy the double road frontage, drive through access as well as easy access to Rick Turner Road, Umbilo Road as well as Entabeni Hospital. Currently zoned commercial.

Features

7
7
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7
Kitchens
7
Reception Rooms
5
Exterior
Carports / Parkings
10
Security
Yes
Sizes
Land Size
766m²

Glenwood, Durban

The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

27,038.49

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