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R2,245,000

Monthly Bond Repayment R24,329.22
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,361
Monthly Rates
R1,979

WONDERFUL CANAL & SEAVIEWS !!

AN AMAZING INVESTMENT & HOLIDAY LETTING OPPORTUNITY !!!

PRICE REDUCED FROM R2,475,000 TO ONLY R2,245,000 (not neg)

2 PARKING BAYS INCLUDED IN SALE!!!


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

Secure, spacious and luxurious two-bedroom apartment in The Sails, which offers REALLY SPECIAL ocean, canal and harbour entrance views from the spacious balcony.

The open-plan kitchen, dining room and lounge areas has sliding patio doors which open up onto the spacious balcony.

The master bedroom has a large en-suite bathroom, plus its own patio door, which leads onto the balcony. The master bathroom is also spacious with an enormous tub, a large glass fronted shower, a toilet and a two basins in the granite vanity, complete with two large stylish mirrors.

NB. The apartment requires some very minor repairs and partial repainting which the sellers have agreed to undertake, at their expense. There is a quote in place, which they have agreed to. (copy of quote available in request)

NNB. The repairs and repainting will be carried out by the sellers' contractor and paid for by the seller, once the apartment is sold. The new owner will walk into a brand new fully painted and restored apartment, when transfer takes place.

The Sails is also situated in close proximity to Ushaka Marine and 5 minutes walk to the beachfront.

The Sails building offers private gym facilities and a swimming pool and has got 24 hour security at the premises.
Viewing by appointment only.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
2
Security
No
Pool
Yes
Sizes
Floor Size
120m²

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:

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

24,329.22

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