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R3,500,000

Monthly Bond Repayment R33,198.09
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

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Monthly Rates
R4,514

For the seasoned property developer that has a shrewd eye for properties with untapped potential.

Set amongst massive, upmarket homesteads, this beautifully positioned property is waiting for a developer or renovator to realise its potential by building luxury sectional title units or upgrading the residence to the spectacular home or guesthouse it should be.
Set in affluent Stirling Crescent, the residence itself is run down but the location is much sought after and thus has the potential to realise a great return on investment.

The extensive level land is the most important feature and provides a host of opportunities for the savvy developer
The original spacious residence was altered to 9 bedrooms, 4 of which have en-suites and external entrances.
There is a large swimming pool near the house and the property is fully walled and gated and very secure.
The street is safe and secure with the presence of security guard huts and guards from a well-known security company.

Should you require any further information on the more detailed specifications of the property, please contact me. Viewings can be organised by appointment only.

Features

9
5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
5
Kitchens
1
Reception Rooms
1
Studies
1
Exterior
Carports / Parkings
9
Security
Yes
Pool
Yes
Sizes
Floor Size
380m²
Land Size
2,211m²

Durban North, Durban North

Durban North is a popular suburb for families and it comes as no surprise with its picturesque surroundings, friendly people and great schools nearby. You can find stunning spacious homes with gardens and pools. It truly is the perfect suburb to live for families with kids of all ages, and the happily retired.
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Disclaimer: While every effort will be made to ensure that the information contained within the Blueprint Realty website is accurate and up to date, Blueprint Realty 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

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

33,198.09

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