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R1,494,000

Monthly Bond Repayment R14,665.75
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R1,400

Perfect Investment Opportunity Boasting with Mainhouse & 3 Flat's in Arboretum

This very rare find is an absolute gem boasting with amazing space and incredible rental opportunities.
The main house features 4 spacious bedrooms all with tiled floors and built in cupboards with ceiling fans and the main bedroom has an air-conditioner.
Further to this there is open plan living areas ranging from the lounge and dining area to the kitchen with laundry and scullery area. The potential rental for the main house is set at approximately R 6800.00pm.

Adding to this already perfect property, there are 3 flat lets all with major rental benefits.

Flat number 1 is set at R4700 and offers the following features:
Open plan living area / kitchen with ceiling fan and sliding door to the pool. There is a bathroom with shower, toilet and basin. Bedroom 1 has wooden floors, built in cupboards and nutty pine floors. Bedroom 2 also has wooden flooring, built in cupboards and nutty pine floors and aluminum windows.

Flat number 2 is set at R4700 and offers the following features:
Tiled living area with open plan kitchen with ceiling fan. The kitchen has a single basin and built in cupboards. Bedroom 1 has built in cupboards, ceiling fan and tiled floors. Bedroom 2 has tiled floors and built in cupboards with 1 bathroom offering a toilet, basin and bath.

Flat number 3 is set at R2000 and offers the following features:
1 Bedroom with shower, toilet and basin as well as a kitchenette.

Each unit has it's own meter for easy convenience and there are 4 carports on the property as well.

Richards Bay is centrally situated and serves as a perfect base when exploring Zululand. Zululand is rich in diversity and is the ideal holiday destination where nature lovers can explore the internationally acclaimed game reserves and visit spectacular wetlands, outdoor and sporting enthusiast can take advantage of the sub-tropical climate, endless beaches and abundant water bodies and cultural and heritage seekers can visit the Zulu cultural villages, museums and markets.





Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Flatlet
3
Sizes
Land Size
1,204m²

In the news

Stable rental prices keep Richards Bay rental market buoyant
Seeff Richards Bay celebrated its 10th anniversary earlier this year, under the adept directorship of husband and wife team Silven and Elaine Chetty. During that time the company has gone from strength to strength - and members...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,665.75

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