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R3,950,000

8 Princess Ann Place

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,890

Central Entertainers Dream Home with income generator of R19,300 a month.

Welcome to this gorgeous immaculate 4 bedroom, 3 bathroom home located in a prime and highly desirable area. Situated within a secure cul-de-sac, this step less residence offers an ideal location presenting an affordable rental income of R19, 300 a month for potential buyers.
Upon entering, you'll be greeted by a well-appointed interior that is both stylish and functional. The open-plan lounge, kitchen, and dining room create a spacious and inviting atmosphere, perfect for both everyday living and entertaining family and friends. Adjacent to the open-plan living area is a TV lounge with an inter leading bar area, providing additional space for relaxation and socializing. Leading off the TV lounge is a study, third lounge and space for a gym area with a bathroom and shower that easily lends itself to a work from home office, flat or teen pad. From the side of the home you can step out onto a beautifully maintained level landscaped garden, offering a serene outdoor retreat.
For those who love to entertain, this property offers a stunning large thatched entertainment lapa, complete with a built-in braai and Pizza oven overlooking a sun-drenched sparkling pool, making it the ideal setting for gatherings and special occasions.
Adjacent to the the lapa, is a brand new spacious charming step less two-bedroom garden flat featuring an open plan kitchen, lounge and dining room with covered entertainment veranda boasting its own unique luxury and charm. Currently generating a monthly income of R9,500, this self-contained unit offers a lucrative opportunity for additional rental income and is just perfect for extended family. Additionally, discreetly tucked away in the corner of the property is an MTN mast that generates a monthly income of R9,800 with an eight-year lease agreement in place. This added benefit provides an excellent means to help offset your bond, resulting in a total monthly income of R19,300!!
Further enhancing convenience, the property includes a double automated garage with laundry area, the triple carport ensures secure parking for your vehicles, plus there is plenty of off street parking for family, friends and tenants. An outside staff loo and dressing room is neatly positioned behind the garage.
The entire property is encompassed by full electric fencing, offering an extra layer of security for total peace of mind.
Notably, this home is completely level, making it accessible and suitable for individuals of all ages, from young families to older adults. The combination of its appealing location, attractive features, and potential for rental income being an added bonus.
This home is centrally located offering zoning for all highly sought after central Westville schools, Westville shopping centres, places of worship and offers very easy reach to the M13 and all major freeways.
This property is truly a rare find. Don’t miss out on the perfect opportunity to acquire this entertainer dream home, contact me, Janet Bentham to schedule an exclusive viewing.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
1
Domestic Accommodation
0.5
Pool
Yes
Sizes
Land Size
1,964m²

Westville, 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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Tyson Properties Westville Achievements
We are delighted to announce that the following Agents from our Westville Office received awards at our recent Awards Dinner for the year ending February 2017. The Diamond Status Agents were as follows: Debra Maddocks, Sharon...
 
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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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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

42,806.43

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