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R2,995,000

Monthly Bond Repayment R32,457.03
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,022

Renovators dream in Strand

Exclusive sole mandate!
Own a part of Strand history! This 102-year-old heritage grandlady is situated on Victoria Street, only 200m from the beach.
This is an ideal opportunity as a fixer-upper, with the potential for rental income. Currently, 3 x tenants are in place.
The house consists of 3 separate units:
1) Main house – entrance in Victoria Street
Two bedrooms, one bathroom, Indoor braai room, open plan lounge and kitchen, L-shaped kitchen, laundry room with toilet
Courtyard with braai.
2) Flat 1 – Entrance in Victoria Street
Two bedrooms, one bathroom, laundry /scullery, indoor braai room, lounge and kitchen, courtyard
3) Flat 2 – Entrance in Michau Street
Two bedrooms, reception room, lounge, kitchen, one bathroom, court with braai
Please note: No parking – on-street parking only.
Tenants lease expires in 2025.
Serious buyers can contact us to view it.

Features

6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
5
Studies
1
Exterior
Security
Yes
Sizes
Floor Size
380m²
Land Size
431m²

Van Ryneveld, Strand

Fresh Air in the Heart of the City Strand - Van Ryneveld is a gem on the Western Cape coastline. Situated strategically on the eastern perimeter of False Bay and just a 35-minute drive from the bustling heart of Cape Town, this area is a confluence of the serenity of beachside living and the electric energy of urban life. It's where morning jogs on golden sands complement evening strolls through lively...
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In the news

Cape rental market presents opportunities for landlords
The Cape rental market has grown exponentially as demand for the Cape lifestyle expands, with an influx of people to the market keeping rental agents very busy, according to the Seeff Property Group. The Western Cape property...
 
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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

32,457.03

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