Auction Number :

IWO 3435

Auction Type :

Online - Live Auction (Zoom Auction)

Registration Deposit :

R 50000

Site Address :

23 July 2020

11:00 AM

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Info

23 July 2020 / 11:00 a.m

Online Live Zoom Auction

14 Tara Cres, Umhlanga, 4051

 

General
Property Address 14 Tara Crescent, La Lucia, Kwa-Zulu Natal

Title Deed Information
Title Deed Number T28228/2003
Title Deed Description Erf 836, La Lucia Ext 3, eThekwini, Kwa-Zulu Natal

Extent 1161 m²

Municipal Value R 2 640 000.00

Locality

The subject property is centrally located within the popular La Lucia area, in close proximity to Durban Virginia Airport, MediCross Umhlanga, Saps – Durban North, John Wesley Pre Primary School, Crawford Preparatory La Lucia, La Lucia Mall, North Sands Shopping Centre, Umhlanga Rocks Beach and other local amenities with easy and close access.

General Comments

Situated in prime La Lucia area, the subject property is well suited and currently utilised as
a bed and breakfast with very well established and steady income generated.

Property Description

The subject Residential Property has an extent of 1 161 m². The Property comprises:

✓ 5 bedrooms (all en-suite)
✓ Kitchen
✓ Dining Room
✓ Lounge
✓ Large office / 6th Bedroom
✓ Large Studio Apartment (with sea views)
✓ Swimming pool
✓ Large covered Patio

Expenses

Monthly Rates: ± R 6 798.00 (Commercial) (Estimated)

Value Added TAX
The Seller is not a VAT vendor. Transfer Duty applies to the Purchase Price.

Lease/ Occupancy
The Property is owner occupied.

 

 

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