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R2,599,000

Monthly Bond Repayment R27,716.51
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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4 separate houses on one property - NO LOADSHEDDING

NO LOADSHEDDING This spacious 1400sqm property in the highly sought-after Eastlynne area boasts four individual houses, each with its own distinct features and amenities, making it an exceptional investment opportunity.

House 1 welcomes you with a cozy 1-bedroom flat showcasing an open-plan kitchen and lounge area. Additionally, it features a well-appointed bathroom and a room perfect for various uses, all offering comfortable and convenient living arrangements.

House 2 presents a charming 2-bedroom layout complemented by a well-equipped kitchen and a generous lounge space. With a thoughtfully designed bathroom, this house caters to a small family or individuals seeking ample space and comfort.

The third house on the property impresses with its spaciousness, offering 3 bedrooms alongside a dedicated study area. A well-appointed kitchen and a sizable lounge ensure a comfortable living experience, while ample parking facilities add convenience for residents and visitors alike.

The crown jewel of this investment, House 4, is a brand-new construction designed for modern living. Boasting 2 bedrooms, an open-plan layout, and ample space, it invites residents into a contemporary lifestyle. The inclusion of a pool with an outdoor entertainment area elevates the property's appeal, providing a perfect space for relaxation and social gatherings. Additionally, a storage room and carports enhance the functionality and convenience of this house.

Collectively, these four houses present an incredible opportunity for a potential rental income of R 34,000 per month. With a diverse range of accommodations appealing to various tenant needs, this property stands as a promising investment in a coveted location, promising both immediate returns and potential for long-term growth.

Features

8
4
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
4
Kitchens
4
Reception Rooms
8
Studies
1
Exterior
Carports / Parkings
7
Security
Yes
Flatlet
3
Pool
Yes
Sizes
Floor Size
544m²
Land Size
1,469m²

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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

27,716.51

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