Reduced! - Ad posted by Trafalgar Property Management Durban

R 695,000

Can I afford this?
4 months ago137 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):98
Parking:Street
Description
This unit is perfect for anyone looking for an investment property as it is situated close to all amenities, such as a shopping mall, universities, and hospitals.

The unit comprises of 3 bedrooms, with the main bedroom featuring an en-suite bathroom. It is also ideal for family use as the kitchen is open and equipped with built-in cupboards.

Additionally, the property offers a full guest bathroom with a bathtub, a separate toilet, and an enclosed lounge that receives ample natural light and can be used as an extra room.

The property includes an open parking space, and the building provides a communal pool, laundry area, and 24/7 security guards.

At present, the unit is occupied by tenants, generating a rental income of approximately R9,800 per month. Moreover, secure open parking is included with the unit.

Rates And Taxes: 600
Levies: 1695
Has Pool
Property Reference #: 2205524

Agent Details:
Nokwazi Hadebe
Trafalgar Property Management Durban
141 KE Masinga Road , Durban ,4001

Id Subtitle 1253239500
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Estimated monthly repaymentR 7,532
Total property loan amountR 695,000
Total interestR 1,112,624
Total repaymentR 1,807,624
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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Trafalgar Property Management Durban
Selling for 3+ years
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