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R2,099,000

Monthly Bond Repayment R21,665.63
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,246

Property and house for sale in Grove End Phoenix, Kwa Zulu Natal

Spacious 3-Storey Property with Income-Generating Potential and Stunning Views

This expansive, well-positioned 3-level property offers exceptional value for both homeowners and savvy investors. Currently generating two passive income streams , it’s a rare opportunity to secure a home that pays you back! Boasting 5 generously sized bedrooms , including a main ensuite , this home offers comfort, space, and functionality. Perched above road level in a sought-after neighborhood , it offers privacy, security, and impressive street appeal.

Start your mornings or unwind in the evenings on the second-floor balcony , where you can enjoy your coffee or tea with breathtaking sunrise and sunset views . The spacious layout is perfect for extended families or those seeking to generate multiple rental incomes . Parking is a breeze with space for up to 6 vehicles , including a single lock-up garage .

Extra Potential :

Convert additional space into a third income-generating unit

Ideal for student or holiday accommodation

Home office or business from home potential

Space for entertainment or further extensions

Whether you're looking for a forever family home , a dual-living solution , or a high-yield investment , this property ticks all the boxes .

A must-see to truly appreciate the space, views, and potential . Serious buyers are encouraged to book a private viewing and present reasonable offers – this opportunity won't last!

Features

5
2.5
2
Interior
Bedrooms
5
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Flatlet
2
Sizes
Land Size
306m²

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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

21,665.63

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