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R3,250,000

Monthly Bond Repayment R34,100.82
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,100.4

Investment property or family home in Malvern - The choice is yours!

A versatile property set in a cul-de-sac with loads of potential, the choice is yours – but that’s not all, the sellers are open to reasonable offers for cash and pre-approved buyers. This property can either generate you an overall income or you can comfortably live in this home with extended family. There are so many options, you just need to envision the possibilities. The main house used to be one with stairs leading to the bottom part of the home. It has been converted into a top and bottom section for family, this could easily be converted back should you wish to.

The property offers the following features:

Top section of the house (Separate main entrance):

• Secure enclosed patio for late night relaxation with access to the dining room area.
• Large spacious lounge with aircon, ceiling fan and tiled.
• Dining room just off the kitchen with access to the enclosed patio.
• Farm style kitchen, a chef’s favourite place to be with plenty of cupboard space and a gas stove.
• Large spacious main bedroom with plenty of built-in cupboards, Aircon, Ceiling fan, carpets and a full ensuite.
• 2 Well sized bedrooms with built-in cupboards, ceiling fan and carpets.
• Separate guest loo.
• 3 Linen cupboards.
• Loads of parking space and a double garage.

Bottom section of the house:

• Large open plan lounge and dining room area leading out to a lovely large, tiled veranda, overlooking nature and blue skies.
• Main bedroom with built in cupboards, ensuite (shower) and tiled.
• Second bedroom with built in cupboards and tiled.
• Well sized kitchen plumbed for 2 appliances and space for a double door fridge.
• Separate guest loo in the process of being completed.

Cottage – A log home with complete privacy (Current tenants willing to stay on):

• Separate entrance and parking for tenants.
• 2 Well sized bedrooms.
• Open plan lounge and kitchen.
• Large veranda with beautiful views.

Other features include:

• 2 Jojo tanks. 1 Feeds the upstairs bathrooms.
• Storage and a loo for a gardener, below the cottage.
• Alarm system.
• 2 Entrances with automated gates.
• Electric fence all around.
• Gas stoves – saves you on electricity.

Contact me for a viewing to see what this property has for offer.

Features

5
3.5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3.5
Kitchens
2
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
4
Flatlet
1
Sizes
Land Size
1,365m²
Extras
Air Conditioner • Awning • Alarm System • Built In Braai • Built in Wardrobes • Carport • Carpets • Covered Patio • Cul_De_Sac • Dishwasher Connection • Electric Fencing • Electric Gate • En Suite • Entrance Hall • Garden Flat • Gas Hob • Garden • Fan • Multi Storey • Outside Toilets • Safe • Veranda • Washing Machine Connection

Malvern, 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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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

34,100.82

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