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R2,200,000

Monthly Bond Repayment R23,461.45
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

Income generator 5 bedroom house for sale

This delightful and much-loved family home has been well maintained and offers a great opportunity as an income generator investment property or a personal family home. Its located ideally in close proximity to schools, the university, and major road routes.

The main house has beautiful soaring pine ceilings and offers a double-volume lounge with a balcony, overlooking the sparkling pool below. Kitchen fitted with granite tops, loads of cupboards, electric cooking, double eye-level oven.
Separate dining room fitted with cupboards. Air-conditioned guest bedroom plus office/study. Guest toilet. Fully carpeted upper-level with balcony and stunning views of the quarry.
Spacious pajama lounge and a small prayer room. 3 air-conditioned bedrooms - fitted with cupboards. Main bedroom has a walk-in closet and an en-suite bathroom.
The guest bathroom has a spa bath, separate shower and toilet.
On the outside is a sparkling pool, very well maintained. Built-in braai area. A basement flatlet which was previously used for family entertainment with 1 bedroom, kitchen and bathroom. Another separate 2-bedroom flatlet.
Double garage which opens to the back of the property, where there is plenty more land, plus smaller buildings
that can be developed into further accommodation.
The open carport with space for 2 vehicles and more space in the driveway. Jo-Jo tank.

This property also has a CCTV system and is fully secure.

Features

4
5
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
3
Flatlet
2
Pool
Yes
Sizes
Floor Size
700m²
Land Size
2,009m²
Extras
Extractor Fan • Laminated Floors • TV Port • Built In Braai • Alarm System • House Style: Lifestyle • Views: Urban • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Formal Dining • Living Area: Formal Lounge • Kitchen: Original • Kitchen: Breakfast Bar • Kitchen: Double Sink • Kitchen: Finish • Kitchen Finish: Granite • Main Bedroom: Double • Main Bedroom: Walk-in-robe • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Double • Bedroom 4: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Kitchen • Additional Rooms: Guest Toilet • Window Coverings: Drapes • Window Coverings: Blinds • Heating / Cooling: Split Cycle A/c • Outdoor Living Braai Area: Lighting • Outdoor Living Braai Area: Power • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Covered • Outdoor Living Entertainment Area: Paved • Outdoor Living: Garden • Outdoor Living: Washing Line • Pool: Inground • Land Contour: Flat To Sloping • Condition: Good • Window/door Frames: Timber • Water Supply: Town Supply • Water Supply: Tank • Garaging / Carparking: Double Lock-up

Reservoir Hills, Durban

Originally called Rio de Natal by Vasco d Gama when he visited in 1497 Durban later received its name from a governor of the Cape Colony named Sir Benjamin D'Urban.  Durban is a cultural melting pot of diversity, ethnicity and top-class cuisine that represents culinary influences from around the world.  Located on the northeast coast of South Africa and being the biggest port, Durban is the heart of Kwa-Zulu...
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

23,461.45

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