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R7,400,000

12 Kingston Drive

Monthly Bond Repayment R80,194.32
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,700

10 Bedroom Home in Herrwood Park.

What a great investment opportunity!

TYSON PROPERTIES UMHLANGA is proud to present this 10 Bedroom home, consisting of a main house and THREE separate flatlets attached to the main house.

The main house has a very spacious kitchen and scullery, with a dining room, 2 lounges ( a formal and a TV lounge) as well as an indoor/outdoor patio as well as a large balcony.

Inside the main house there are 3 Bedrooms and 3 bathrooms, all spacious with built-in cupboards. This property could be a great investment with a great flow. The 3 flatlets are private and spacious, and sufficient parking for each potential resident. The main house has 4 garages as well as a carport.

In addition, the house has so much to offer in the form of a large, inviting swimming pool, a stunning undercover patio -an entertainer's dream , staff accommodation and security with the added convenience of an automated front gate.

This home could very well be converted back to the original home to create a very big home for an extended family.

The 3 Flatlets are configured as the following:
The back flatlet comprises of 2 Bedrooms and 1 bathroom and brings a rental of approximately R10 000 + per month.

The lower level flat is a 2 bedroom flat with a spacious kitchen, private garden and open-plan living. This flat brings in about R10 000 + per month as-well.

There is an upstairs flat which is also spacious and comprises of 3 Bedrooms and 3 bathrooms, open-plan living area and this brings in about R12 000+ per month.


The combined rental of the whole property brings in about R50 000 per month.

Endless opportunities, so Let's Talk!

Features

10
7
4
Interior
Bedrooms
10
Bathrooms
7
Kitchens
1
Reception Rooms
3
Exterior
Garages
4
Carports / Parkings
2
Security
Yes
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
800m²
Land Size
1,808m²
Extras
3 Separate flatlets.

Herrwood Park, Umhlanga

The seaside town of Umhlanga Rocks on South Africa’s eastern coast is upmarket and vibrant. Situated 16 kilometres north of the city of Durban, the area has become a great focus of development in recent years, and is no longer just a coastal holiday mecca – it has become a thriving urban landscape too. Umhlanga has much to offer locals and visitors – a glorious subtropical climate, beautiful...
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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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

80,194.32

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