VideoR380 000
Monthly Bond Payment: R
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1
Apartment / Flat in Esplanade For Sale
R380 000
1
38m2
Apartment / Flat in Esplanade For Sale
Cash Flow Positive Bachelor Flat
1
38m2
Apartment / Flat in Esplanade For Sale
Cash Flow Positive Bachelor Flat
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 |
Video Tour
Contact Agent
Kendal Coward
Sales Associate
RE/MAX Panache (North Durban)
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R380 000
Monthly Bond Payment: R
currency
bond calculator
- ZAR
- BWP
- EUR
- GBP
- NAD
- NZD
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Contact Agent
Book a viewing