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R2,750,000

Monthly Bond Repayment R29,326.81
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R894

Dual Living or Investment Opportunity

This property is situated in the seaside town of Gordons Bay with stunning sea and mountain views. This property is walking distance from the beach, restaurants and the Krystal Beach Hotel.

This property has the potential to be used as a private dwelling for an extended family or can be used as a supplementary income generator by letting out the flatlet and additional space. Alternatively it can be used as an investment property or Airbnb.

The House (upstairs) offers the following:

This house consists of 3 bedrooms with build-in cupboards and 2 bathrooms of which one is an en-suite to the main bedroom. The main bedroom is spacious and sunny. The third bedroom opens onto the wooden deck.

There is an open plan lounge and dining area that leads out onto an outdoor, undercover, wooden deck with stunning sea and mountain views. The kitchen has build-in cupboards, a gas stove and an electric under-counter oven.

The Flatlet (downstairs) offers the following:

The flatlet consists of 1 Bedroom and 2 bathrooms, one being an en-suite and the other being a guest bathroom. There is an open plan lounge and dining area that leads out onto a wooden deck. The flatlet has a spacious kitchen with build-in cupboards, a gas stove and two under-counter outlets for a dishwasher and a washing machine.

Flatlet Potential:

The property offers a spacious downstairs home office that has a separate entrance and a separate bathroom. It can easily be converted into a bachelor flat.

The back yard has a beautiful garden with an undercover braai area.

Extras:

The property offers a spacious garage on remote. There is a workshop and there is a large storeroom. There is also a second storeroom available. Remote gate access. 2 x Jo-Jo tanks, 2 x solar panels and an inverter for the office has been installed.

Features

4
4.5
1
Interior
Bedrooms
4
Bathrooms
4.5
Kitchens
2
Studies
1
Exterior
Garages
1
Sizes
Land Size
496m²
 
  • 1
 

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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

29,326.81

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