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R1,050,000

Monthly Bond Repayment R11,378.92
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R593

Calling Investors!

Excellent investment opportunity!
This property is ideally situated close to education centers and is currently used as student accommodation, but all partitioning will be removed on sale.
Potentially the Inside of the house can be converted into 7 bedrooms, communal kitchen and communal bathroom with a shower and toilet and separate bath. The garage could be divided into 2 rooms, servants quarters with a toilet and shower.

The house could easily be converted back into a 4-bedroom family home with a kitchen, lounge, dining room, 1.5-bathroom, servants' quarter and single garage.
Wifi is installed. The home is secured with an alarm system with beams.

Do not miss out on this investment opportunity, call me today to book a viewing.

Features

10
2.5
Interior
Bedrooms
10
Bathrooms
2.5
Kitchens
1
Exterior
Security
Yes
Sizes
Land Size
1,000m²

Barry Hertzog Park, Newcastle

Newcastle is in the northwest corner of KZN along the Ncandu River and set at the northern foothills of the Drakensberg Mountains. It is one of the countries busiest industrial centres and for this reason has earned the nickname "the City of Opportunities" The N11 and R34 are the 2 main roads linking Newcastle to the rest of South Africa. The driving time from Newcastle to Durban is 4 hours and 3 hours from...
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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

11,378.92

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