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R825,000

Monthly Bond Repayment R8,940.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R980

LARGE SPACIOUS FAMILY HOME WITH LOTS OF CHARACTER

This property has great potential and could be lovingly restored to become a traditional  Mandeni family home. Comprising five generously sized bedrooms and three bathrooms, this excellent single-level home with a sizable, gently sloping yard is ideally situated less than a kilometer from the Umfolozi Tvet College. It is a true treat! The open interior living rooms flow into one another naturally with a separate laundry room from which you are lured outside to views over the backyard.

The architecture of the home is focused on family togetherness and easy  entertainment. You'll notice the thoughtful design and serene presence of nature all about you as soon as you enter. The master bedroom has an en-suite, a shared bathroom, and a common toilet for the other three bedrooms. The fifth bedroom has a sliding door entrance and an en-suite, which offers flexibility and a fantastic opportunity to earn rental income. The kitchen as well as two of the five bedrooms feature built-in cabinets.. A single garage and carport with open spaces for two vehicles enhances the appeal of this home .

Due to its spaciousness, the garden is a great area for kids to play uninhibitedly. This property checks all the boxes for indoor and outdoor living owing to its lush litchi, mango, avocado, and lemon trees. As an alternative, one can increase their investment by adding outbuildings.

Mandeni is a town in Ilembe District Municipality in the KwaZulu-Natal province of South Africa. The town is roughly 22 km north-east of Stanger. The town has four shopping centres, namely; Mandeni shopping centre, where most residents go, Sundumbili plaza, Gcaleka Shopping centre and seven townships. Mandeni includes substantial areas of commercial agriculture, with the bulk of these areas under sugar-cane and the biggest employer in the area is Sappi, the largest paper manufacturer in South Africa.

Features

5
3
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Flatlet
1
Sizes
Floor Size
205m²
Land Size
1,292m²
 
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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

8,940.58

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