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R1,650,000

Monthly Bond Repayment R17,312.72
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,245

Property and house for sale in Verulam, Kwa Zulu Natal

INCOME GENERATOR : 805 SQM2 LAND PLUS 3 INCOME GENERATING QUARTERS

Have you been looking for land to develop and build. Then this is ideal for you, this huge land comes with the finished buildings and with tenants already in occupation. With the option of living in the main residence or turn it into Income generating rentals as well. This is a huge triple storey home with two outbuildings and a double garage. On entrance of this home you welcomed by a spacious and elegant open plan lounge, dining room and a fully fitted kitchen with Caesar stone tops, gas stove and oven with the added bonus of another electric double oven. Kitchen is tastefully designed with exquisite tiles and finishes.
The designer chandelier compliments the flowing space of the open plan dining area, that flows from the kitchen into the entertainment area adjacent to the kitchen and overlooks a serene outdoor area. There are two bedrooms downstairs with one ensuite and a general bath with a guest toilet. There is a laundry room at the bottom of the staircase. The upper level has the master bedroom that has been tastefully designed and leads into the upper balcony and a master ensuite. The main residence is atheistically pleasing and comes with modern finishes.
There are three income generating quarters on this property and a double garage with ample further parking. Safety is at its premium, with a monitored alarm system, electric fence and robo beams.
Must be seen to be appreciated, call be today to view this investment opportunity.
RENT MONEY IS SPENT MONEY…. Take the FIRST STEP to owning your own home., call me to guide you through the process!

Features

3
3.5
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3.5
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
3
Sizes
Land Size
805m²
 
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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:

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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

17,312.72

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