OFFERS TO PURCHASE - 1.5 BEDROOM APARTMENT IN MORNINGSIDE

R 720,000

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7 months ago133 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):68
Parking:Street
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Description

OFFERS TO PURCHASE


Property Address: Unit no.22 Innesmere, 125 Innes Road, Morningside


The subject property is centrally located within the Morningside area in close proximity to Windermere Shopping Centre, Durban Motor Licensing Department, Morningside Primary School, Livingstone Primary School, Clifton School, Greyville Racecourse, Royal Durban Golf Club, Durban Bowling Club, Durban Botanic Gardens, Hospitals and other local amenities with easy access to the N2, M4, M12 and R102 freeways.


This Spacious Prime Property is located on the corner of Innes Road and Lilian Ngoyi Road (formerly Windermere Road), in a very secure and well-run complex and comprises of the following:


1.5 Bedrooms (Main Bedroom has Built-in Cupboards and a Fan)

Open Plan Lounge and Kitchen with Marble Countertops

Separate Toilet

Shower with Hand Basin (Plumbed for a Washing Machine)

Fully Tiled

Access to the building via an Intercom System

This Unit is situated on the 2nd Floor

1 Parking Bay Available at a Rental Amount of R 331.00pm


The unit is currently tenanted on a month-to-month lease.

Monthly Rental: R 7,000.00 per month excluding electricity. Prepaid Meter in the unit.


Id Subtitle 1237936629
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Estimated monthly repaymentR 7,803
Total property loan amountR 720,000
Total interestR 1,152,646
Total repaymentR 1,872,646
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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KM
Selling for 2+ years
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