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R3,650,000

22 Licorna, 82 Lagoon Drive

Monthly Bond Repayment R39,555.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,297

Great investment property!

Welcome to an outstanding investment opportunity in the heart of upmarket Umhlanga - a second-floor apartment that allows holiday letting, making it a perfect income-generating property. This very spacious three-bedroom, two-bathroom sectional title apartment offers both comfort and convenience.
Enjoy easy in and out access during load shedding days, providing you with peace of mind and uninterrupted living. The apartment's bright and airy balcony invites you to savor typical Durban summer nights while soaking in the serene atmosphere. Positioned in a building that seamlessly blends the beauty of nature's greens with the warm blue of the Indian Ocean, this property exudes tranquility.
Strategically located, you'll have easy access to all amenities while still enjoying a peaceful and quiet environment. With doors open, sleep safely at night, as the cool evening breeze and the soothing sound of waves rolling along the shoreline lull you to sleep.
The apartment's location offers the luxury of walking distance to the Umhlanga Nature Reserve and a private entry onto the Umhlanga Promenade, where a cozy boardwalk coffee shop awaits. This charming apartment requires no additional work, making it an attractive and hassle-free investment with excellent income potential.
The breathtaking sea views overlooking Umhlanga Beach further enhance the allure of this property. You'll be delighted to invite friends and family over for long weekends filled with sun, sand, and beach fun. Embrace an array of safe, fun-filled activities, such as walking your dog, going for a run, or enjoying a romantic dinner along the Umhlanga promenade.
Just a short five-minute drive away, you'll find trendy and upmarket restaurants, perfect for indulging in delectable cuisines. With available parking and controlled access, you can rest assured that your vehicle is safe and easily accessible.
The building's excellent management ensures hassle-free living, allowing you to embrace a lifestyle that encourages healthier living. Take advantage of the investment potential, as holiday letting is permitted, and the building has a successful history of holiday occupancy.
This is an opportunity to own your own piece of paradise, offering you an escape from the day-to-day hustle and bustle. Quick and easy access to the highway, walking distance to Oceans mall, a 5-minute drive to Gateway mall, a ten-minute drive to La Lucia Mall, and a ten-minute drive to Umdloti, position you centrally to explore the beautiful northern coastline and immerse yourself in Kwa-Zulu Natal's rich cultural history.
Don't miss out on this incredible opportunity to enjoy a lifestyle that encompasses beauty, relaxation, and the joys of beachfront living. A wonderful opportunity to secure your own piece of heaven in upmarket Umhlanga.
Your offer is important to us. The price is negotiable, and all offers will be considered.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
1
Pool
Yes
Extras
Satellite • Near Beach • Near Fitness centre • En-suite Bathroom • Near Park • Pets Not Allowed • Near Hospital • Veranda • Fibre • Lift-Elevator • By the sea • Near Golf Course • Safe Location • Near Airport • Air Conditioner • Near Medical Center • Balcony • Near Children's Park • Air Conditioning Unit • Near Highway • Near Shops • Near Shopping Mall • Built in Wardrobes • Near Public Transportation • Near Schools
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R
%

Monthly Payment

39,555.31

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