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R2,950,000

Monthly Bond Repayment R31,969.36
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R850

Unlock Investment Potential: Charming Home in Bodorp Awaits Renovation Enthusiasts

Introducing a 3 Bedroom, 2 Bathroom Gem in Bodorp with Investment Potential

Discover the untapped potential of this home set in the serene neighbourhood of Bodorp. Currently occupied by tenants, this property presents a unique investment opportunity for those seeking a passive income stream.

The house, though showing signs of aging, possesses a robust structure and a solid foundation, offering a promising canvas for renovation enthusiasts. Boasting a double garage, ideal for tenant parking, and a versatile studio, this property is not just a home but an investment waiting to be unlocked. A convenient storeroom attached to the garage holds the potential for easy conversion into a full flatlet, maximizing rental potential.

A charming courtyard with a washing line adds a touch of coziness to the outdoor space. The expansive erf provides ample room for expansion, making it an appealing prospect for investors looking to add value or create additional rental units. The property's yard is fully walled, ensuring privacy and security for both current occupants and future endeavours.

With existing tenants in place, this property offers an immediate return on investment for astute buyers. Whether you are looking for a renovation project or a source of passive income, this Bodorp gem invites you to reimagine its potential. Seize the chance to transform this property into a lucrative investment while providing a comfortable home for the current occupants. Act now to secure a foothold in Bodorp's thriving real estate market.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Flatlet
1
Sizes
Floor Size
154m²
Land Size
1,026m²
Extras
Above Road • Built in Wardrobes • Carpets • Courtyard • Driveway • En Suite • Flatlet • Fireplace • Garden • Laminated Floors • Perimeter Wall • Single Storey • Secure Parking • Storage • Storeroom • Studio • Tiled Floors • Totally Walled • Mountain View • Conventional

Bodorp, George

George, situated in South Africa's Western Cape, graces the picturesque Garden Route along the coastline. Renowned for its splendid golf courses, the city also boasts the esteemed George Museum and the captivating Garden Route Botanical Garden which features trails and local fynbos plants. George is a family-friendly area with various property types and is the perfect place to set roots for those looking to live a...
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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

31,969.36

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