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R2,850,000

Monthly Bond Repayment R29,903.80
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

Great Investment Property For Sale In Meer En See, Richards Bay

Great investment opportunity with a 10% net return.
With a 3 bedroom house, 2 bedroom and 1 bedroom flat all on one property, this is a great income generating investment with a monthly income of R22 000 per month.

Step inside and be captivated by the expansive open-plan layout that seamlessly connects the living spaces, perfect for entertaining or family gatherings. The heart of the home features a modern open-plan kitchen equipped with an oven, hob, and extractor fan, catering to all your culinary adventures. The tiled floors lend a contemporary touch while ensuring easy maintenance throughout.

Each of the bedrooms boasts built-in wardrobes, providing ample storage space. The well-appointed bathrooms, include a bath, toilet, shower and basin, ensuring convenience for family and guests alike.

The garden is framed by fully walled exterior walls, providing an extra layer of security and privacy.

Your peace of mind is paramount, and this property offers an array of security features, including burglar bars, a security gate, and an electric gate for easy access.

Features

6
5
1
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
3
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Flatlet
2
Sizes
Land Size
1,000m²
Extras
Stove • Built in Wardrobes • Tiled Floors • Curtain Rails • Burglar Bars • Air Conditioner • Security Gate • Open Plan Kitchen • Open Plan Room • Shower, Toilet and Basin • Sliding Doors • Paveway • Totally Walled • Electric Gate • Carport • Flatlet • Bath, Toilet and Basin • Garden • Jacuzzi • Oven & Hob • Extractor Fan
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

29,903.80

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