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R1,795,000

15 Springside Road

Monthly Bond Repayment R19,452.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,829.7

Calling all savvy Investors - A Diamond in the Rough with Unlimited Potential

Are you ready to unearth a hidden treasure? This wonderful fixer-upper is brimming with unlimited potential in a lush, tree-filled neighbourhood. Situated in a highly sought-after area, this property is in dire need of love and attention right now, but the potential for a remarkable return on investment is undeniable. Location, Location, Location, Nestled in a prime location this undiscovered gem is not far from all the amenities you could desire with access to excellent schools, a number of shopping centers and medical facilities, and a thriving community, this property's setting is nothing short of exceptional. Although it currently requires significant upgrades, the foundation is solid, and the “bones” of the property are strong. The true value of this property lies in its limitless potential. There are endless possibilities. with the right vision and investment, you can transform this diamond in the rough into a stunning, modern, and highly desirable residence. For the savvy investor, If you're seeking an investment opportunity with remarkable potential, look no further. This property offers an exceptional opportunity to maximize returns. By renovating and modernizing the home, you can substantially increase its market value. Given the high demand in this area, there is a strong potential for a profitable resale or rental income.

Renovate, Rebuild, or Redevelop. Don't underestimate the power of unlimited potential. The property consists of a main house, granny flat, and a bedsitter/studio. The main house features three bedrooms with built-in cupboards, including a large master bedroom with an ensuite bathroom and a family bathroom. The kitchen and scullery, complete with built-in cupboards, a stove, and an undercounter oven, have the potential with an upgrade to reclaim their role as the central hub of the home. The entire home is spacious, featuring an open-plan lounge and dining room, with a TV lounge or office leading off from the main living area. There's an informal lounge that flows seamlessly to the outdoors, where a swimming pool awaits, surrounded by a breathtaking view of a lush green belt of trees. Fireplaces in the main lounge and informal lounge create a cozy atmosphere for family members to gather, and the wooden floors in some areas add character. The one-bedroom granny flat boasts its own entrance, a kitchen, a bathroom, and an enclosed patio. The bedsitter is perfect for a bachelor or single occupant, with a private courtyard tucked away from the main house. With a double garage and ample parking space, accommodating residents of the main house, granny flat, and bedsitter is a breeze. If you are interested in exploring this opportunity further or have any questions, contact Hayden Dowdall today. Don't miss out on this extraordinary chance to turn a diamond in the rough into a shining gem. Your vision can turn this property into a masterpiece.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Land Size
4,195m²
Extras
Garden • Scullery • Security Gate • Built in Wardrobes • Burglar Bars • Cooling Fans • TV Port • Curtain Rails • Dishwasher Connection • Driveway • Open Plan • Oven & Hob • Tiled Floors • Totally Fenced • Totally Walled • Under Counter Oven • Veranda • Washing Machine Connection • Electric Gate • Fireplace

Hillcrest Central, Hillcrest

Hillcrest is part of the outer west suburbs of Durban and has evolved from a small village into a large booming suburb. The area boasts beautiful free-standing homes and some of the most prestigious security estates that the Upper Highway area has to offer. Property here is becoming increasingly popular with discerning buyers who want access to a host of services, activities and excellent schooling. Hillcrest is...
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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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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

19,452.54

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