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R2,190,000

Monthly Bond Repayment R23,354.81
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,500

3 Bedroom house with a 2 Bedroom flat for Sale

Investment Opportunity: Spacious 3-Bedroom House with 2-Bedroom flat on Large Stand

This versatile property, located in a highly sought-after area, offers a unique investment opportunity. Comprising a 3-bedroom house and a 2-bedroom flat, this house is ideal for generating rental income and the stand holds great potential for future development.

Main House:

Bedrooms: 3 bedrooms, with main bedroom en-suite.

Bathrooms: 2 Bathrooms

Living Spaces: Open-plan living and dining area, perfect for family gatherings and entertaining.

Study: Open-plan study room

Kitchen & Scullery: Functional kitchen with plenty of storage space and a scullery

Additional Features: Double enclosed garage providing secure parking for two vehicles.

Flat:

Bedrooms: 2 comfortable bedrooms.

Living Spaces: Cozy living area.

Kitchen: Compact kitchen with essential appliances. and decent storage space

Bathrooms: 1 Full bathroom.

Exterior and Additional Features:

Outside Patio with swimming pool: The front house has a spacious entertainment area with a swimming pool and space for a built-in bar

Stand: Expansive stand with significant development potential, suitable for additional flats or even a complex block.

Yard: Enclosed yard offering privacy and a safe space for children and pets.

Tenancy: Both properties are currently tenanted, ensuring immediate rental income for the new owner.

Potential:
While the property requires some maintenance and updates, it presents a fantastic opportunity for investors. With a bit of refurbishment, this property can achieve higher rental returns. Moreover, the large stand allows for future expansion, making it an excellent long-term investment.

Location:
Situated in a prime location, this property benefits from proximity to local amenities, schools, and transport links, enhancing its appeal to potential tenants and homeowners.

Don’t miss out on this rare chance to secure a property with immediate rental income and significant future development potential. Contact us today for more information or to arrange a viewing.

Features

5
3
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
2
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
370m²
Land Size
1,680m²
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

23,354.81

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