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R1,800,000

13 Newington Road

Monthly Bond Repayment R19,506.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,706

5 Bedroom Guesthouse, 2 Flatlets and Pool

This property offers a lot of potential and versatility! Here's a breakdown of its key features:

Multiple Options: The property is currently operating as a guest house but can also serve as a family home with income-generating flatlets or be used for student accommodation.

Main House: The main house features 5 bedrooms and 4 bathrooms. Three of the bedrooms have their own en-suite bathrooms, while the remaining two bedrooms share a family bathroom. There's also a study, a spacious open-plan lounge, and dining room with a farm-style kitchen that leads out onto a patio overlooking the pool and backyard.

Flatlets: There is a two bedroom flatlet on the property, which includes an open plan lounge and kitchen, along with two bedrooms, each with there own en-suite bathrooms. There is a bachelor pad which consists of a bedroom and en-suite bathroom.

Outdoor Structures: Additional buildings are available that can be used for a variety of purposes.

Entertainment Area: A bar room and a braai (barbecue) area by the pool make it ideal for entertaining guests.

Security and Parking: The property is fenced in and has a remote-controlled gate for security. Additionally, there's plenty of off-street parking available.

This property stands out for its broad appeal across various market segments.

This section is part of the total 2374sqm, which is in progress of being subdivided .

This Property is zoned Res 3.

PLEASE NOTE: The Rate and Taxes of R4 706-00 is for the property of 2374sqm as is and will only know what the portion for the house will be after subdivision has be finalised.

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Features

5
4
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
6
Flatlet
2
Pool
Yes
Sizes
Floor Size
377m²
Land Size
1,628m²

Richmond Hill, Port Elizabeth

With unspoiled beaches, rolling sand dunes and warm Indian Ocean, is Gqeberha (Port Elizabeth), boasting all the traditional big-city amenities at a price significantly more affordable than other metropolitans in South Africa.  Home buyers are attracted, not only by the great value our housing market offers, but also the array of fine schools, beautiful beaches, moderate climate, strong family values and fantastic...
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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

19,506.73

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