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R2,600,000

Monthly Bond Repayment R28,176.38
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,438

Excellent Rental Income Investment

This expansive house sits on a property of 1745sqm, located in Beacon Bay, East London.
It is currently sub divided into 2 separate rental units. There is also 2 separate rental units.

All bringing in a monthly rental of R30 000

Unit 1: 2 bedrooms, full bathroom, 2 living areas, dining area, kitchen and indoor entertainment area with a built in bar counter.
Unit 2: 1 bedroom, open plan lounge and kitchen and a full bathroom.
Unit 3 Open plan bedroom, lounge and kitchen and a separate bathroom.
Unit 4: Upstairs unit with 1 bedroom, en suite bathroom and open plan lounge and kitchen and a balcony.

All units have their own private entrances.

There is a swimming pool and outdoor braai area. Plenty of secure off street parking.

Located close to all amenities Beacon Bay has to offer from medical facilities, shopping malls, business hubs and schools and is also a short drive to the Bonza Bay Beach and Quenera River.

Call me for more information.

Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Carports / Parkings
6
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,745m²

Beacon Bay, 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

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

28,176.38

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