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R3,950,000

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Prime Location, Prime Invesment at a Bargain Price!!

Sole and Exclusive to Harcourts Zululand Real Estate

Seldom does a property come on the market with such versatility and opportunity. Comprised of three combined properties and ideally positioned, this one-of-a-kind offer boasts both tremendous residential and commercial value.

The first property consists of a well-established B&B Guesthouse. The large main house provides five bedrooms, five en-suite bathrooms, two lounges, two dining rooms, kitchen, family room and a beautiful balcony overlooking the swimming pool. Separate to the main house, the stand has both an additional two-bedroom garden unit and one-bedroom garden unit that provides great returns.

The second property consists of three further flats, made up of a stunning two-bedroom home that overlooks the idyllic garden and 2 x one-bedroom units that produce excellent rental income. The plot has multiple storerooms, water tanks, pumps and a separate laundry area.

The third property consists of a corner stand with 2 x income generating two-bedroom flats, independent gate access and supplementary space to further expand and adapt the property to an investor's needs.

With so much more on offer, contact us today for a viewing of this Prime Investment Opportunity!

These individual properties form part of the seller's broader property portfolio, near the Pick 'n Pay and Mtuba Mall - the properties are available to purchase both separately or together as a whole. The portfolio for sale includes:

- The three connected properties at over 6000sqm, mentioned in the listing above and numbered 1, 2 and 3 in the diagram - Priced at R3,950,000.

- Number 4 in the diagram, measuring 1126sqm property and with 3 x one-bedroom flats - Priced at R950,000.

- 5 x Vacant stands along the main arterial road, opposite the Mtuba Mall - Price between R650,000 - R690,000.

Should you require any further information, feel free to get in touch with us.

Features

16
11
Pets Allowed
Yes
Interior
Bedrooms
16
Bathrooms
11
Kitchens
1
Exterior
Carports / Parkings
14
Pool
Yes
Sizes
Land Size
6,231m²
Extras
Built In Braai • Patio • House Style: Character • House Style: Contemporary • Views: River • Views: Bush • Views: Private • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Separate Dining • Pool: Inground • Pool: Private • Land Contour: Flat To Sloping • Water Supply: Town Supply • Living Area: Formal Dining • Outdoor Living Braai Area: Lighting • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Partly Covered • Outdoor Living: Garden • Outdoor Living: Washing Line • Garaging / Carparking: Off Street
 
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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

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Monthly Payment

42,806.43

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