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ALERTS

R2,150,000

Monthly Bond Repayment R23,299.70
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,419

Home with Income Generating Potential in Port Alfred

Step back into a bygone era as you enter this property with potential to be either a B & B, a Guest House or a home where you can earn income from letting the two flatlets. This property is zoned general residential. The main home comprises of a lounge, complete with a Victorian wood fire place and wooden floors, a kitchen finished in melamine, and six expansive en suite bedrooms. You'll find dry walling between the lounge and one of the bedrooms. This would be easy to remove if you require a separate dining room. All floors in the house are timber and the high ceilings lend charm to this home. Step out the back door into the courtyard area and there are two self-contained flatlets in a separate wing in the garden. This property is on water bourne sewerage and is fully enclosed with an electric fence securing the perimeter. Definitely worth viewing if you're seeking character, charm and an old world feel.

Features

6
6
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
3
Reception Rooms
1
Studies
1
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
2
Sizes
Floor Size
395m²
Land Size
2,142m²
Extras
Accommodation • Alarm System • Burglar Bars • Covered Patio • Electric Fencing • Eye Level Oven • Fireplace • Garden • Two Self-Contained Flats • Laundry • Security Gate • Indoor Beams • Outdoor Beams • Entrance Hall • Double Storey • Perimeter Wall • Student Accommodation

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:

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

23,299.70

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