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R1,865,000

Monthly Bond Repayment R20,211.14
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R3,260.0
Monthly Rates
R1,677

REAL BARGAIN OPPORTUNITY !!!!

A REAL BARGAIN!!!!
VERY KEEN SELLER!!
LOWEST PRICED 2 BED IN THE WATERFRONT!!
PRICE REDUCED, TO ONLY R1,865,000 !!!

CANAL VIEWS ... SPACIOUS 2 BED, 2 BATH (mes) APARTMENT.
EXCELLENT HOLIDAY LETTING INVESTEMENT OPPORTUNITY

This spacious, 2 bedrooms, 2 bathrooms (MES) apartment, luxury apartment commands a prime position on the 6th floor of the Point Waterfront Precinct's flagship residential development, namely, The Sails on Time ball.
It is located in the Crescent section in a prime front canal side position & offers wonderful, canal from its spacious veranda.
Corporate & Holiday Letting - Full Service Offering
Are you buying this apartment as an investment for holiday and corporate letting .... then make this purchase really work for you .... without all the complications?
Use the apartment when you need to and the rest of the time, this full service company, will take over the sourcing of your clients, manage their complete booking from start to finish and to top it all, they will clean and service your appointment when they depart.
If you are purchasing the apartment as an investment for holiday letting, I will be able to introduce you to this national rental & management company, that has an office right here, within the Point Waterfront Precinct.
It offers a full corporate & holiday rental and management service, at a very reasonable full service rate, which would allow you to enjoy excellent financial returns, without the all the normal hassles involved in holiday and corporate letting!!!
This is an excellent opportunity, to reap the rewards of really great returns, without the rental and management hassles, normally involved with holiday & corporate letting.
Apartment Information
The apartment is decorated in a contemporary design with granite kitchen tops and built in, mahogany finished cupboards throughout.
The spacious open-plan kitchen, dining room and lounge area has sliding patio doors, which open up onto the spacious viewing balcony.
The spacious en-suite master bathroom, complete with 5 built in cupboards, boasts an enormous bathroom, complete with a large modern tub, a large glass fronted shower, a toilet and two basins in the granite vanity, which also includes two large framed mirrors. The bedroom also has its own patio door, which leads out onto the balcony.

The Sails, which is the largest and most sought after development at The Point Waterfront Precinct, is situated in close proximity to uShaka Marine World and it is only a short 5 minute walk to the beach. The facilities include a corporate gym facility, a swimming pool, a concierge and 24 hour security, with 2 guards on duty at all times.
The unit which comes with 1 secure undercover parking bay, needs some minor attention to do justice to this amazing apartment. A refurbishment quotation is available on request.
Please note that this reduced price, is not negotiable.
Viewing by appointment only.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
No
Pool
Yes
Sizes
Floor Size
124m²

In the news

POINT WATERFRONT PROMENADE OPENING
POINT WATERFRONT PROMENADE OPENING THIS SATURDAY!!!! THE Durban Promenade extension will officially open to the public on this coming Saturday, the 16th November. The mayor, Mxolisi Kaunda, will walk the 8km route from Blue...
 
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

20,211.14

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