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R3,695,000

Monthly Bond Repayment R40,042.98
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,923

A property with endless opportunities

Are you looking for an investment opportunity? Then look no further than this large property which can be used as a guesthouse, potential multi dwelling and multiple income generating units currently generating an income.

This property comprises of a main house, a 3 bedroom cottage, a 2 bedroom cottage and a 1 bedroom cottage, all in excellent condition.

The main house consists of 3 bedrooms all with built in cupboards and 3 bathrooms (2 full). Large open plan living area, great for entertaining. Open plan kitchen with bar style eating area, ample cupboards, built in gas hob and electric oven.

Head out from the living area to your wrap around verandah with concertina doors that opens up to your pool and braai area for those family and friends gathering.

The 3 bedroom cottage is separate with its own entrance and enclosed garden. It comprises of a full bathroom, a verandah, aluminum windows and tiled throughout. There is also an outside laundry area and built in braai. Kitchen has a built in stove and there is secure parking for 3 cars. Prepaid electricity meter in the unit.

The upstairs 2 bedroom cottage which is currently used as an Airbnb comprises of 2 double bedrooms and 1 bathroom, a long verandah that doubles as an upstairs outdoor space for entertaining with a built in braai area. There is a Large open plan lounge, dining room, kitchen area and office space. Existing furniture optional extra.

The one bedroom cottage is also currently used as an Airbnb. It comprises of an open plan area, with one double bed, television area, kitchenette, and bathroom. It has a grass area for entertaining. It allows for 2 parking spaces. Existing furniture as optimal extra.

The security of the property comprises of the following: perimeter full walled with electric fencing, alarm system, electric gates on both entrances and 6 beams around the property.

The property has 2 JoJo tanks. Paved driveway and turning area outside the garage with plenty parking space. Spacious double garage with shelving and workshop area and a long storeroom.

A property which has ample opportunity and not to be missed out on if! Invest in your future today.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
6
Flatlet
3
Pool
Yes
Sizes
Land Size
1,811m²

Amanzimtoti, Amanzimtoti

History According to local legend, in 1828, when the Zulu King, Shaka,led his army down the south coast, he rested on the banks of a river.  After tasing the water, he exclaimed 'Kanti amanzi amtoti' meaning the water is sweet.  The river became known as Amanzimtoti. Location Only 45 minutes from King Shaka International airport and 25 minutes to Durban's Central Business District lies the town of...
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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

40,042.98

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