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R1,995,000

56 Horseshoe Crescent

Monthly Bond Repayment R20,932.66
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,041.2

Awesome investment opportunity - A Family Home and more!

*New Sole Mandate*
Are you ready to elevate your property investment game or find the perfect home for your family? Look no further than this exceptional property in the heart of Waterfall, just moments away from the bustling Watercrest Mall. This unique offering combines versatility, opportunity, and charm in one incredible package.

• Main House
This delightful 3 bedroom, 3-bathroom home is perfect for a growing family or those who love space and comfort. With bright, airy interiors and a serene atmosphere, the home provides the perfect canvas to make lasting memories.

• Cottage - Income Potential
Looking to supplement your income or accommodate extended family? The spacious 1-bedroom cottage, currently home to family members but easily rentable for an estimated R6,500 per month (excluding utilities). In addition to this the previous double garage has been incorporated into the home and with some finishing touches could easily become another income-generating powerhouse, with a rental potential of between R6500 and R5000 per month (excluding utilities). Alternatively, transform it into a luxurious master suite or private guest haven. With both cottages in play, you could enjoy a combined rental income of approximately R11 000 -12 000 per month to ease your bond payments!

The home is nestled on a lovely tranquil half acre plot in with a lush indigenous garden and breathtaking views—your private oasis in a sought-after area.

• Extras - Secure electronic gates for peace of mind – Quadruple carport for hassle-free parking – 2x JoJo tanks for water efficiency - A charming greenhouse for those with a green-thumb - 2x Wooden Sheds for garden implements and storage.

This is more than just a family property……. it’s an opportunity, and a wise investment! Don’t miss out on this incredible deal in a prime location.

Contact Jason today to schedule your private viewing and remember, viewings are strictly by appointment for pre-qualified buyers only.
Your dream property awaits – seize it before it’s gone!

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
1
Sizes
Floor Size
244m²
Land Size
1,805m²
Extras
Air Conditioner • Shed • Greenhouse • views • jojo tank • Alarm System • Awning • Carport

Waterfall, Hillcrest

Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban. It's a family-friendly suburb, with many private schools, parks and kid-friendly restaurants.   Estate living is very common, with many estates boasting well-kept golf courses. Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding...
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In the news

SPCA Fundraising Event
2020 has been a challenging year for all of us... so we at Dormehl Phalane Property Group Upper Highway decided to give back to our community by hosting a fund raiser at the Kloof and Highway SPCA on Saturday the 21st of...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

20,932.66

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