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R680,000

Monthly Bond Repayment R7,369.21
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R642

Fantastic Family Home with Income Potential

Harcourts Mercantile is delighted to introduce this wonderful opportunity to own a well-positioned and immaculate family home that offers more than just comfort; it also comes with excellent income potential. Located in a desirable area, this property is perfect for you and your family. The main house features 2 comfortable bedrooms, with the master bedroom offering built-in wardrobes for your convenience. A cozy lounge area provides a warm and inviting space for relaxation and quality family time. The beautiful modern kitchen is designed to cater to your culinary needs. Whether you're a seasoned chef or enjoy occasional cooking, this kitchen is a great place to whip up your favorite dishes. The family bathroom has a refreshing shower, adding to the modern convenience of this home.
In addition to the main house, this property offers three spacious flats, with bathroom that has a shower. This presents an excellent opportunity for rental income, making this property a sound investment for the savvy buyer. The yard is thoughtfully paved both inside and outside, ensuring easy maintenance. The walled perimeter adds an extra layer of privacy and security for your peace of mind. A single garage with a remote control system provides secure parking for your vehicle. Don't miss this unique opportunity to own a comfortable family home with the potential to generate income. This property is ideal for families looking for a spacious and well-maintained living space, as well as investors seeking a smart addition to their portfolio.
To explore this property in person and experience its full potential, contact us today to schedule a viewing.

Features

5
2
1
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
3
Sizes
Land Size
325m²
Extras
House Style: Lifestyle • Views: Urban • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Formal Lounge • Kitchen: Modern • Main Bedroom: Double • Main Bedroom: Built-in-robe • Bedroom 2: Double • Bedroom 3: Double • Bedroom 4: Double • Main Bathroom: Separate Shower • Heating / Cooling: Electric • Additionals: Electrical Satellite Dish • Land Contour: Flat To Sloping • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains

Mdantsane Nu 3, 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

7,369.21

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