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R940,000

Monthly Bond Repayment R10,186.85
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
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Special Levy
R0.0

Well presented one bedroom cottage with approved plans for expansion

QUAINT ONE BEDROOM COTTAGE
- Charming one-bedroom cottage providing a cozy living space.
- Open-plan design seamlessly connects the kitchen, lounge, and dining area.

**Kitchen:**
- Well-equipped kitchen featuring an under-counter oven and electric hob.
- Functional layout for efficient meal preparation.

**Bathroom:**
- Complete with a bath and a shower for convenience and flexibility.
- Modern amenities for a comfortable living experience.

**Expansion Potential:**
- Approved plans for a 2-bedroom unit, offering an opportunity for future expansion.
- Flexibility to adapt and grow the property according to your needs.

**Garage Conversion:**
- Garage space that can be converted into an additional bedroom.
- Ideal for creating more living space or accommodating guests.

**Generous Property Size:**
- Expansive 1750sqm of land providing ample outdoor space.
- Opportunities for landscaping, gardening, or further development.

ADDITIONAL INFORMATION

**Investment Potential:**
- Ideal for individuals looking to start or expand their property portfolio.
- Approved plans for a 2-bedroom unit can enhance property value.

**Convenient Location:**
- Merrivale Heights offers a desirable and accessible location.
- Proximity to amenities, schools, and other essential services.

**Versatile Usage:**
- Suitable for a range of living arrangements – from single occupancy to small families.
- Potential for income generation through rental units or property development.

**Future Growth:**
- Positioned in an area with potential for future growth and development.
- Strategic investment opportunity in a promising location.

This property presents a unique opportunity for those seeking a versatile and expandable living space. With its charming cottage, approved plans for expansion, and additional conversion possibilities, it offers both immediate comfort and future potential. Consider exploring this property for a promising addition to your property portfolio.

Features

1
1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
1,750m²
Extras
Built in Wardrobes • Electric Gate • Garden • Paveway • Granite Tops • Open Plan • Oven & Hob • Tiled Floors • Under Counter Oven • Veranda • Water Tanks • Alarm System

Merrivale, Howick

Although Merrivale is a suburb of Howick, it is considered its own village and is situated in the Midlands to the southwest of Howick. Merrivale offers a country lifestyle with its tree-lined streets and prolific gardens. Climate in the Midlands Summers are hot, with an average temperature of 30 °C. Winters are cold and dry, with the temperature dropping to an average of 6°C. Frost is not uncommon during these...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

10,186.85

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