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R1,550,000

Monthly Bond Repayment R16,263.47
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,500
Monthly Rates
R1,350

INVESTMENT OPPORTUNITY

NEW EXCLUSIVE SOLE MANDATE - A GREAT INVESTMENT OPPORTUNITY

Ingwe Property Group is proud to present our brand-new listing.

An immaculate apartment at the Urban Park complex that allows Airbnb, short / long-term letting, where investors enjoy excellent return on investment.

A perfect lock-up and go unit, suitable for investors, young or retired persons or anyone looking for upmarket affordable housing in the Umhlanga area.

The proud owners have not spared any costs when recently upgrading their holiday home, maximizing the space and taking this property to another level.

The apartment has a lovely flow, from the functional kitchen with a gas stove, ample cupboard space and granite tops to the open plan living area that flows onto a private balcony.

Drive up access to the apartment makes for ultimate convenience (2 under cover parking bays).

The complex boasts 24-hour manned security, a large indoor swimming pool and a well-equipped gym that residents enjoy.

This property located in the Gateway precinct of Umhlanga, is within 10 minutes from the airport, with easy access to all major routes, makes for an ideal investment.

Features

2
1
2
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
53m²
Land Size
6,610m²
Extras
24 Hour Access • Air Conditioner • Balcony • Bath, Toilet and Basin • Built in Wardrobes • Gym • Secure Parking • Secondfloorandabove
 
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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.

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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

R
%

Monthly Payment

16,263.47

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