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R5,375,000

Monthly Bond Repayment R57,320.59
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R3,000

Investment Opportunity in Prime Location!

Welcome to this versatile property offering a blend of comfort and income potential. Nestled in a prime location within walking distance to River Square and other amenities, this property presents an exceptional opportunity for those seeking a lucrative investment or a comfortable residence with additional income streams. The main house features three bedrooms and two bathrooms, providing ample space for a family or tenants. The kitchen, open-plan dining, and lounge areas create a welcoming atmosphere for relaxation and entertainment. What sets this property apart is the addition of eight fully equipped outside rooms, each comprising a bedroom with beds, a bathroom, and a small self-catering kitchenette. These rooms offer the flexibility to be rented out individually or utilized for a business venture, providing a steady stream of income.

A communal dining room adds to the communal feel of the property, enhancing its appeal to tenants or guests. The property is equipped with modern amenities, including a borehole for water supply, an electric gate for security, an alarm system, and outdoor beams for added safety. Carports provide convenient parking for residents or visitors. With the inclusion of solar panels and gas, the property is not only environmentally friendly but also cost-effective, offering savings on utility bills. The strategic location further enhances the property's appeal, making it convenient for residents or guests to access nearby amenities. Whether you're looking to generate rental income or embark on a new business venture, this property offers endless possibilities. Don't miss out on this rare opportunity to own a versatile property in a sought-after location. Schedule a viewing today and explore the potential this property has to offer!

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Security
Yes
Flatlet
8
Domestic Accommodation
1
Sizes
Land Size
1,983m²
 
  • 1
 

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

57,320.59

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