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R7,500,000

Monthly Bond Repayment R78,694.20
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R4,447

Dual Living With Magnificent Sea Views

Perfectly located for access to Umhlanga Village, the New Town Centre, M4 freeway and King Shaka International Airport, this 550 sqm home is one of the grand dames of Herrwood Park, waiting to be restored to her full and former glory. The definition of versatility, this property can be utilized as a large family compound with genuine dual living or as an income-producing asset. Live in the original four bedroom home, work from the new two bedroom flatlet with great sea views, or live in one home and rent out the other for additional income.

Entertainers will delight in the spacious reception rooms, including a fully-fitted bar room with space for darts and pool, the extensive undercover patio with ceiling fans and fitted speakers, grill, warmer plate and even a deep fryer. A few steps off the patio will bring you to the large (80,000 litre), well-maintained and sparkling gunite pool, plus built-in wood/charcoal braai.

Security is top notch with electric fencing all round, three automated garages with direct access, secure parking for four more vehicles and alarm, intercom and gate camera/monitor.

Call Arlene today for an appointment to view this unique property.

Features

6
5
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
2
Reception Rooms
4
Exterior
Garages
3
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
550m²
Land Size
1,200m²
Extras
Air Conditioning Unit • Alarm System • Balcony • Bar Counter • Blinds • Breakfast Nook • Built In Bar • Built in Wardrobes • Burglar Bars • Closed Circuit TV • Cooling Fans • Covered Patio • Cul_De_Sac • Domestic Bathroom Bathroom • Electric Fencing • Garbage Disposal • Granite Tops • Grill • Gunitein Ground • Intercom • Jacuzzi Bath • Second House • Totally Walled

Herrwood Park, Umhlanga

HERRWOOD PARK Situated within easy walking distance from Umhlanga Rocks Centre, HERRWOOD PARK is a lovely quiet and safe tree lined suburb, comprising freestanding home which are sought after and popular with families. The proximity to a myriad vast of surrounding amenities, residents are happy in their environment and tend to keep their homes for far longer than the average homeowner in South Africa. There...
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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

78,694.20

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