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R550,000

Monthly Bond Repayment R5,865.36
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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3 BEDROOM HOUSE FOR SALE IN PIETERMARITZBURG CENTRAL

Opportunity and Potential.

This older type but solid property offers so much potential with its ideal location and high levels of passing traffic and trade.

Investors/Speculators are sure to see opportunities. The lower Boom Street area in Pietermaritzburg is a vibrant and strategically located node, ideal for both residential and commercial real estate investments. This area is known for its amenities, making it a sought-after location for various types of property buyers.

Residents and businesses in the Boom and East Street area enjoy access to a wide range of amenities. The area is home to several retail/commercial and shopping complexes, including the popular Liberty Midlands Mall close by, which offers a variety of retail stores options.

There are also numerous schools catering to families with children of all ages. Healthcare facilities, such as clinic and Mediclinic Pietermaritzburg, are conveniently located nearby, ensuring that medical services are easily accessible.

Boom and East Street are well-connected by major roads, providing easy access to other parts of Pietermaritzburg and beyond. The N3 highway is just a short drive away, linking the area to Durban and Johannesburg. Public transport options, including buses and taxis, are readily available, making commuting straightforward for residents and visitors.

The real estate market in the Boom and East Street area is diverse, with a mix of residential homes, apartments, and commercial and retail properties. The demand for property in this area is high due to its central location and the abundance of amenities.

Investors can find opportunities in both the rental and sales markets, with properties often appreciating in value.

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Sizes
Land Size
244m²

Pietermaritzburg Central, Pietermaritzburg

PMB Pietermaritzburg is the capital and second largest city in KwaZulu Natal. It was founded in 1838 and it is home to a campus of the University of KwaZulu-Natal. Pietermaritzburg is a major producer of Aluminium, as well as timber and dairy products. Set in the heart of the Natal Midlands in KwaZulu Natal, Pietermaritzburg is a city of charm and dignity, at its loveliest in spring when masses of azaleas...
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CHRISTO'S A WINNER WHEN IT COMES TO TRAINING
CHRISTO Pretorius, principal of the Dormehl Phalane Propety Group branch in Pietermaritzburg, was all smiles when he took the DPPG award for Best Training Principal this year - but he should not have been as surprised at this...
 
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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

5,865.36

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