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R1,950,000

39 Hill Street

Monthly Bond Repayment R21,132.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,819

Investment Opportunity for sale on West Bank of Port Alfred

Exceptional investment opportunity available for purchase on the West Bank of Port Alfred, Eastern Cape, offering unique features and potential. This property comprises two distinct homes, making it ideal for accommodating two separate families. Each home consists of three bedrooms and two bathrooms, including a master bedroom with an en-suite bathroom. The open-plan living area and kitchen create a spacious and inviting atmosphere, complemented by a separate scullery area for added convenience.
An upstairs mezzanine level presents a versatile space suitable for a home office or a vibrant playroom for children. The high ceilings enhance the sense of openness throughout the homes. Additionally, both residences boast built-in braai facilities and charming entertainment areas, perfect for relaxation and hosting guests. Each home is equipped with its own single garage, allowing for secure internal access.
Moreover, an added advantage of this property is the presence of a separate flatlet beneath one of the homes, offering the opportunity for rental income generation. Ample parking space, both covered and uncovered, is available within a gated and walled area, ensuring safe and convenient parking arrangements.
This residence enjoys a prime location, conveniently situated near the Port Alfred central business center. It also offers easy access for a delightful stroll to the nearby beachfront. Don't miss out on this exceptional investment opportunity that combines comfortable living, income potential, and an ideal location in Port Alfred, Eastern Cape.

Features

6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
1
Exterior
Garages
2
Carports / Parkings
3
Flatlet
1
Sizes
Land Size
862m²
Extras
Extractor Fan • Built In Braai • Patio • Alarm System • House Style: Contemporary • Views: Private • Views: Urban • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Open Plan • Kitchen: Double Sink • Main Bedroom: Built-in-robe • Main Bedroom: Walk-in-robe • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Main Bathroom: Bath • Additional Rooms: Mezzanine • Kitchen: Original • Kitchen: Standard • Kitchen: Gas Bottled • Kitchen: Separate Cooktop • Kitchen: Scullery • Main Bedroom: Double • Laundry: In Kitchen • Additionals: Electrical Satellite Dish • Heating / Cooling: Split Cycle A/c • Outdoor Living Braai Area: Lighting • Outdoor Living Braai Area: Power • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Uncovered • Outdoor Living Entertainment Area: Other Surface • Outdoor Living: Garden • Garaging / Carparking: Off Street • Garaging / Carparking: Auto Doors • Land Contour: Flat To Sloping • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains • Kitchen: Finish • Kitchen Finish: Melamine • Main Bathroom: Separate Shower • Water Supply: Tank

West Bank, Port Alfred

History In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here.  After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.   Location Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
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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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

21,132.29

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