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R683,000

Monthly Bond Repayment R7,049.85
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R1,600
Monthly Rates
R1,500

Prime Investment Opportunity - Beachfront Studio Apartment in South Beach, Durban!

Looking to add a gem to your property portfolio or start your investment journey with a lucrative income-generating property? This fully furnished, 4-bed studio apartment in South Beach, Durban offers you the perfect opportunity!

Currently operating as a successful Airbnb and holiday letting property, this unit is a proven income earner. With its prime beachfront location in KwaZulu-Natal, it's in high demand from both short-term and long-term guests, ensuring steady rental returns. The apartment is well-maintained and caters comfortably to 4 guests, making it a favorite choice for travelers seeking comfort and convenience by the beach.

Key Features:

Prime beachfront location in South Beach, Durban
Fully furnished apartment (excluding TV and Wi-Fi router)
Well-kept and ideal for holidaymakers and business travelers
Steady income from Airbnb and holiday lettings
Close to essential amenities, ensuring convenience for guests
This is an excellent opportunity to secure an income-generating property in one of Durban's most sought-after locations. Act now and make this property a valuable addition to your investment portfolio!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Sizes
Floor Size
39m²
Land Size
1,304m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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

 

LOAN AVAILABLE

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%

Monthly Payment

7,049.85

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