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Apartment / Flat in Esplanade For Sale

R380 000

1 38m2
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Apartment / Flat in Esplanade For Sale

Cash Flow Positive Bachelor Flat

1 38m2

Apartment / Flat in Esplanade For Sale

Cash Flow Positive Bachelor Flat

R380 000

Monthly Bond Payment: R

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Bond calculator

  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
1

Features

  • Parking 1
  • Lounge 1
  • Wheelchair Friendly
  • Security Post
  • Burglar Bars
  • Kitchen

Description

This 38m2 bachelor flat is located in John Ross House at 20 Margaret Mncadi Avenue ( Victoria Embankment), conveniently positioned with shops on the ground floor (Spar, Tops, 2x ATM’s, laundry, restaurant) and Durban’s iconic Roma Revolving Restaurant on the top floor. 

The bachelor unit has an entrance hall and separate kitchen and bathroom. 

This would make an ideal buy-to-let investment as the rental would cover the bond levy & rates. 

The rental is made up of R3 600 for the flat and R450 for the parking bay TOTAL = R4 050.

I manage many flats in the building for investors through RE/MAX Panache and could assist you with a full rental management, keeping it a passive as possible for you the investor. 

There is a lot of renovations and upgrade projects happening in the city, so now is the time to climb in and start investing. 

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 132
Monthly Levy ZAR 888

Property Details

Web Ref DBNT-7117
Property Type Apartment / Flat
Building Size 38m2
Bathrooms 1

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Kendal Coward

Sales Associate

RE/MAX Panache (North Durban)

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Enquiry about property Ref:DBNT-7117

R380 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Kendal Coward

Sales Associate

RE/MAX Panache (North Durban)

MessageCall me back Whatsapp
Book a viewing

Contact Kendal Coward

Agent profile picture

Kendal Coward

Sales Associate


RE/MAX Panache (North Durban)

Show number

Show number

Enquiry about property Ref:DBNT-7117