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R3,500,000

Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,256

Six Dwellings, One Plot: Endless Opportunities - Eurika

Unlock Your Investment Potential with this Versatile Property in Eureka!

Looking for an exceptional investment opportunity? Look no further! We present to you a hidden gem in Eureka - an investment property on a sprawling plot, spanning an impressive 4183 square meters. Welcome to a world of endless possibilities, perfect for ambitious investors seeking lucrative returns.

This remarkable property boasts not one, not two, but SIX dwellings, all nestled harmoniously on a single plot. Picture the ultimate space for a large family seeking a tranquil retreat with ample room for everyone, including extended family. But that's not all - savvy investors can rejoice at the incredible rental potential this setup offers. With multiple living spaces, this property becomes a cash cow for generating passive income effortlessly.

Your Gateway to Industrial Opportunities!

Hold your breath because this property is located in the coveted Zone 4 - an industrial hotspot!

This strategic zoning indicates that the surrounding area is primarily dedicated to industrial and commercial use. That spells fantastic news for entrepreneurs, businesses, and industries looking to establish a foothold in the vibrant East London region. Make your mark, and seize the chance to build a thriving business venture in this prime location.

Parking Spaces & Common Areas: Convenience and Community.

Investing in this property goes beyond just the six dwellings; it comes with the added perks of ample parking spaces and well-maintained common areas. Think of the convenience for your future tenants or the community spirit that can be fostered among the property's inhabitants. It's all about elevating the living experience and maximizing the value of your investment.

Embrace the Power of Shared Commonage!

Being part of a larger commonage arrangement is a win-win situation! This unique setup allows multiple landowners to share essential resources and services, like access roads, water sources, and maintenance costs. Pooling resources means cost-efficiency, which translates to a smarter investment strategy for you.

Discover Your Perfect Investment Match...

Whether you're an astute investor seeking consistent rental income or a visionary entrepreneur ready to conquer the industrial landscape, this property in Eureka is your perfect match. Don't miss out on this rare opportunity to own a versatile, well-established property that promises growth and prosperity.

Claim Your Slice of Eureka's Potential!

Properties like these don't stay on the market for long, and with the demand for prime locations on the rise, it's essential to act fast. Take the next step toward securing your financial future and contact us today to arrange a viewing. Your dreams of owning a thriving investment property are just a call away!

Call Vuyo now to seize this golden opportunity!

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
2
Sizes
Land Size
4,183m²

Eureka, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

37,929.75

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