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R750,000

Monthly Bond Repayment R7,741.41
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R837

Perfect investment opportunity

Located in the desirable area of Palmiet, Durban, this versatile property offers a unique opportunity for both comfortable living and potential rental income.

Featuring a spacious main house with multiple self-contained outbuildings, this home is ideal for extended families, students, or investors seeking a multi-functional property.
Main House – Upstairs:

2 generously sized bedrooms providing peaceful retreats
A spacious lounge, perfect for relaxation or entertaining guests
A spacious kitchen and dining room, designed for family meals and gatherings
A family bathroom
Main House – Downstairs:
A large bedroom offering privacy and comfort
A welcoming lounge and dining area
A kitchen and bathroom, making this space entirely self-sufficient

Student Outbuilding:
Expansive bedroom with ample space
A large lounge area
A well-sized kitchen and full bathroom, ideal for independent living

Side Outbuilding:
1 bedroom with a cozy open plan lounge and kitchen area
Bathroom for added convenience
Garden cottage
1 bedroom with a comfortable lounge
A practical kitchen for easy meal preparation
Bathroom with all the necessary amenities
With spacious living areas, ample parking, and a well-maintained garden, this property offers exceptional versatility.

Each unit is fitted with its own prepaid meter and the rental potential for this is approximately R15000.

Whether you are looking for a family home with extra income potential or a student-friendly environment, this property has it all. Each self-contained unit ensures privacy and comfort, while the prime location in Palmiet provides easy access to local amenities.

Call today for a viewing.

Features

5
4
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
4
Reception Rooms
4
Exterior
Garages
1
Carports / Parkings
1
Flatlet
1
Sizes
Land Size
1,007m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Ingwe Property Group website is accurate and up to date, Ingwe 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.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,741.41

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