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R1,650,000

Monthly Bond Repayment R17,596.09
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,000

GOOD AREA - GOOD INVESTMENT

mandate to find a new owner who is buying this well built home with the following advantages:

- A large property, 2023 square metres, which makes this an intelligent buy for the new owner to build cottages at the back of the property - there is already a driveway from the main automated gate entrance that leads up to the back of this large property giving easy access to future cottages to be rented out creating a good supplementing income for the new owner.

- This well built home consists of:
* 4 Spacious bedrooms with built-in cupboards.
* 2 Bathrooms (one is m.e.s.).
* A practical well designed kitchen with a lot of cupboard space and a separate scullery and laundry.
* A spacious dining room.
* 2 lounges, one formal at the main entrance and the 2nd lounge has sliding doors leading out to a wrap around balcony with valley views.
* A double automated garage.

- Special additional features include:
* Air ducting throughout the whole home.
* 5000L water tank with auto pump.
* An alarm system.
* Domestic room with bedsitter, kitchenette, bathroom as a separate building at the back of the property.
* The property is fully walled.

- The home is situated in Margate Drive just off Bank Street offering a good position in a good area of Margate with huge potential for running a business from home or investment for extra income if cottages are built on this large property or for an extended family. Priced to sell quickly so please arrange an appointment to view this lovely home, close to all shopping centres and schools.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Security
Yes
Domestic Accommodation
1
Sizes
Floor Size
420m²
Land Size
2,023m²
 
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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

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%

Monthly Payment

17,596.09

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