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R1,200,000

Monthly Bond Repayment R10,604.53
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

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Monthly Rates
R1,186

3 Bedroom House and 2 Flats An investment opportunity not to be overlooked!

The scope features three separate properties. The main house is fully tiled and encompasses 3 bedrooms with an extensive lounge with potential to be renovated into a 4th bedroom.
Two other properties include a 1-bedroom flat with 2 carports and another 2-bedroom flat with a personal entrance, enclosing 2 bathrooms, an open plan lounge and kitchen; a suitable stay for a small family.
A beautiful garden spans the front half of this property, with the back half occupied by a sizable vacant land.
This untenanted land holds potential to be transformed to cater for more residences if desired.
Grasp this great opportunity at developing and amplifying your investments, Or to keep a big family close by.
Rental income around R14,000
Please call for a viewing!

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Land Size
2,441m²

Pioneer Park, Newcastle

Tucked into the foothills of the Drakensberg Mountains escarpment, Newcastle is a town of beauty, culture and industry. Once a rural town, it's transformed into a thriving industrial, agricultural and commercial hub. Unsurprisingly, Newcastle was a 2015 finalist in the Kwêla Town of the Year competition. If you're looking for a country vibe with all the perks of modern living, Newcastle is the place to put...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

10,604.53

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