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R1,449,000

Monthly Bond Repayment R15,452.57
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R980

FIXER UPPER

Introducing your prime development opportunity in the refreshing heart of Escombe: A snug four-bedroom, two-bathroom family fixer-upper with ample parking, nestled amidst a serenity-soaked garden. This fixer upper home can be yours for only R1,449,000!

Beyond the garden, this diamond-in-the-rough opens up a world of possibilities with a subtle yet crucial twist: The property is bursting with enough space to extend. Ideal for development, it offers a lucrative investment opportunity, providing room for additional rental income. Your vision could shape this property into a real estate magnet!

Each room features secure aluminium windows and some wooden, providing peace of mind within your idyllic home, and creating an airy, light-filled environment to stimulate your creativity.

Escombe, a quaint suburb noted for its family-friendly appeal, is a delightful locale with much to offer. Close to the new shopping centre being developed in Malvern and Escombe Spar, schools and churches you'll appreciate the convenience of having everything you need right at your doorstep. The unmissable charm of this peaceful neighbourhood will make you fall in love with its green, leafy charm, vibrant community, and quietstreets.

Take this opportunity to develop your dream property or venture into the rental market, creating a steady cash flow in a dynamic economic climate.

For those yearning for a beloved family home or eager developers seeking a promising project – this is your chance! Don't miss out on this one-of-a-kind property. It's just the right size and tucked in the heart of Escombe. Here, there's a place for everything and everyone.

Contact me today! Dive into this fantastic opportunity to transform this golden goose into your real estate empire. Note: this exclusively listed property won't be available for long. Snap it up before it goes!

Happy investing!

Address: 


Features: 
Ideal to development and enough space to extended for family or rental income, alliuminuim windows

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Sizes
Land Size
2,023m²

Escombe, Queensburgh

Queensburgh Queensburgh is a built up area that has boomed recently to include as many as 10 suburbs in its reach just 15 minutes’ drive south-west of Durban, en route to Amanzimtoti on the M7. With the push for property moving prices well out of reach of the average South African, Queensburgh manages to provide affordable properties to first time buyers as well as more substantial homes for top of the...
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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

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

15,452.57

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