Bargain Flat in Durban Central

R 399,000

Can I afford this?
8 months ago1429 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):493
Description
Seeking affordability and convenience in the heart of Durban? Well, look no further! This Investor's dream is well located.

Presenting an opportunity to become the proud owner of a sectional title studio flat with an attractive listing price of only R399,000! Perfect for a newbie investor looking to break into the property market or a young professional saving pennies.

Never be bored. Durban central
is a mix of tradition and culture, infused with modern city life amenities. The area is bustling with shops, restaurants, and leisure activities that provide many opportunities for residents to relax and enjoy. Everything you need is right at your doorstep, making it the perfect location for those starting their journey to independence or setting up a passive rental income.

Upon entering this compact unit, you will find a compact yet cozy living area that doubles as a bedroom. Despite its size, well-designed bathroom, accommodate your needs.

The property is low-maintenance, ideal for a busy lifestyle or a hands-off rental investment. It has no excessive features that could skyrocket levies or upkeep. It’s a straightforward investment.

Unfortunately, no parking does come with the unit. But, considering it is located within the hub of Durban, public transport is readily available and easily accessible. Cutting down on the car expense is an extra perk of city living.

Be quick out the blocks to scoop up this pocket-friendly, strategic property!

Get in touch NOW is your chance. Jump on this bargain flat before it's too late!

Rates And Taxes: 634
Levies: 970
Property Reference #: 140

Agent Details:
Thandeka Mchunu
TG Properties
1 Portsmouth Road, Pinetown, Durban

Id Subtitle 1227552786
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Estimated monthly repaymentR 4,324
Total property loan amountR 399,000
Total interestR 638,758
Total repaymentR 1,037,758
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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TG Properties
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