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R3,010,000

Monthly Bond Repayment R32,099.53
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,000

Income Potential on Vast Property!

This property holds immense income potential with its expansive 21,242m2 land. The main house features three spacious bedrooms, including one with its own lounge area and en suite bathroom. The kitchen is generously sized, and there's an additional versatile room attached to it, suitable for various purposes such as an office, extra bedroom, or a playroom for kids. The house also boasts a large open-plan lounge area that seamlessly flows into the dining space.

Beyond the main house, there are separate structures on the property. One bungalow comprises an open-plan kitchen, bedroom, and bathroom. Additionally, two separate buildings each contain two one-bedroom flatlets with their own toilets and kitchens, each unit offering a unique style. There are also two more flatlets, each with two bedrooms, a bathroom, and a kitchen. Lastly, an upstairs one-bedroom flatlet features a spacious open-plan kitchen, dining, and lounge area, along with a large bedroom and bathroom.

Parking is abundant with five garages and space for six cars under the roof. The property offers ample room for diverse uses, from running a guesthouse to renting out to individual families. At the rear of the plot, there's even land available for potential farming, supported by a functional borehole. While it may need a bit of TLC, this property presents numerous opportunities for starting your own business or creating a small farm setup. The possibilities here are truly endless.

Features

3
2
5
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
5
Flatlet
1
Sizes
Land Size
21,242m²

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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

32,099.53

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