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R807,000

Monthly Bond Repayment R8,056.93
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Levy
R3,600

A Great Investment You’ll Want to Hold On To - Shareblock in Bulwer KZN !

Investors! A Great Investment You’ll Want to Hold On To!
Sought-After Shareblock -Solid ROI -Stable Tenant In Place

Affordable levies that also include water


Why SHAREBLOCK good choice :
-Unlike sectional title ownership, where you own a physical unit, in a Shareblock you own shares in the entire building. This simplifies the process of managing the property, often with fewer administrative hassles and streamlined decision-making.
- Shareblocks often have lower levies compared to sectional titles because costs are shared across the shareholders in a more collective way. This makes it an economically smart choice for both tenants and owners.

If you’re looking for a solid, stress-free investment that delivers consistent returns, I’ve got just the place for you.

This spacious apartment is on the 5th floor of a very well-maintained shareblock building—and it’s already got a great tenant in place who pays rent consistently every month. That means income from day one, no extra work needed.

It’s a 2-bedroom unit, but the enclosed balcony adds extra space, making it a 2.5-bedroom that comfortably sleeps 4 adults and 2 minors—perfect for tenants who want space and flexibility.
The bathroom is fitted with a corner bath, hand basin and full shower, all with high grade fittings.

Here’s what makes it stand out:
Low maintenance stunning screeded floor in the open plan area and passages.
Locality
Reception
Sheamar block is recessed from Lena Ahrens Road with an automatic entry gate.
Open-plan lounge and fitted kitchen – perfect for modern living

Prepaid electricity meter

All blinds included in the sale, plus a satellite dish

Beautiful parquet flooring in the bedrooms – warm and full of character

Tiled enclosed balcony – ideal for extra seating, work-from-home, or kids’ space

Automated lock-up garage – always a bonus

Water is included in the levy – one less bill to worry about

There’s a lift right at the front of the building

Lovely, well-kept communal garden

It’s also in an amazing location – .everything you could need including UKZN as being within the 4.5 km radiuss

3 shopping centres

3 beaches

Schools, medical facilities, and a filling station

Honestly, this is the kind of property that’s easy to own and even easier to rent out. It’s in demand, it’s got charm and practicality, and it’s a reliable income generator.

If you’re after a low-hassle, high-potential investment, I’d love to chat more. Opportunities like this don’t come around often.

Get in touch—let’s make this a great addition to your portfolio!

Features

2.5
1
1
Interior
Bedrooms
2.5
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
86m²
Land Size
1,943m²
Extras
24 Hour Access • Above Road • Balcony • Bath, Toilet and Basin • Built in Wardrobes • Blinds • Cooling Fans • Electric Fencing • Open Plan Kitchen • Guest Toilet • Oven And Hob • Parquet Floors • Satellite Dish • Storeroom • Lifts
 
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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:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

8,056.93

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