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R2,670,000

Monthly Bond Repayment R28,934.98
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,219

Potential income generator/family home with two flatlets.

This large unique facebrick family home with 2 flatlets is situated on a double stand in the beautiful village of Pennington.
With plenty options to choose from, this property is the ideal family home or could be used as a great potential income generator.
Perfect as a holiday letting home there is also ample room for children or pets to roam around.

When entering this very neat and tidy home you will find the following:

The main house has two wings, the first wing has two bedrooms, two bathrooms, ( The one bathroom being an en-suite ), an open plan kitchen, dining room and lounge which opens up onto an enclosed veranda which boasts distance sea views and overlooks the large back garden. Just off the entrance into the main house you will find the second wing, this consists of another two bedrooms, a games room and a separate pub room. This wing could easily be converted to another spacious flat.
The two flatlets situated on the property both have their own entrances, the larger flatlet has two bedrooms, two bathrooms and its own kitchen, the second flatlet has a bedroom, bathroom.

To finish off this stunning property there is a well maintained garden with 3 jojo Tanks, a sparkling swimming pool and an undercover entertainment area. An additional security measure is the security system with cameras as well as the indoor and outdoor beams.

Features

7
5
3
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
5
Kitchens
2
Reception Rooms
4
Exterior
Garages
3
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
512m²
Land Size
2,162m²
Extras
Alarm System • Balcony • Built In Bar • Burglar Bars • Closed Circuit TV • Cooling Fans • Electric Gate • Eye Level Oven • Garden • Indoor Beams • Outdoor Beams • Pantry • Partially Fenced • Awning • Built in Wardrobes • Fan • Open Plan • Scullery • Security Gate • Sliding Doors • Tiled Floors • Veranda • Washing Machine Connection • Water Tanks

Pennington, Pennington

Pennington is a much-loved holiday destination on KwaZulu-Natal's south coast. With breathtaking beaches, warm waters and a welcome respite from the hustle and bustle of city life, who wouldn't want to make Pennington their home? A brief history of the area  Pennington is named after an English family who arrived in the late 19th century and farmed in the area. Later, a sugar magnate named Sir Frank...
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Pennington is renowned for its laid-back vibes, friendly way of life and gorgeous beach. In the opinion of many, there is no better place to experience all three than at The Beach Café @ Impithi. With its lovely...
 
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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
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Monthly Payment

28,934.98

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