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R750,000

9 Seaford, 50 Clark Road

Monthly Bond Repayment R7,869.42
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,200
Monthly Rates
R577

Enjoy the convenience of this ideally located apartment!!!

Unlock the potential of this diamond in the rough.An affordable opportunity to create your dream space or a high-yield investment with just a little TLC!

Prime Investment Opportunity in Glenwood!

This beautifully maintained, well-managed sectional title unit is financially sound and situated in a highly central, sought-after location. The building comprises three floors, with five apartments per floor, offering a safe and community-focused lifestyle.

Unit Features:
2-Bedroom Flexibility: Currently configured as two separate units, each with a bedroom, kitchenette, and living area. Both units are tenanted by reliable individuals, providing a steady rental income.

Versatile Option: Ideal as a primary residence with an income-generating split or easily convertible back into a spacious two-bedroom apartment.

Exclusive Parking: Includes one parking bay with remote-controlled driveway access. Additional parking arrangements can be made with the building manager and trustees.

Dual Entrances: As the last unit on the second floor, the apartment boasts two separate entrances for added convenience.

Prime Location Benefits:
-Shopping Convenience: Walking distance to a nearby shopping mall and major banks.
-Easy Commute: Located on a major bus route for effortless travel.

Proximity to Top Schools & Universities:
-University of KwaZulu-Natal (UKZN)
-Durban University of Technology (DUT)
-Glenwood Boys High School
-Durban Girls High School
-Penzance Primary School and Glenwood Prep

Vibrant Lifestyle: Just one street away from Glenwood’s thriving restaurant scene and Davenport Centre.

This gem offers endless possibilities.To live in, invest, or renovate to unlock even greater potential! Don''t miss out on this rare opportunity.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
2
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
90m²
Land Size
965m²
 
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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

7,869.42

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