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R1,750,000

Monthly Bond Repayment R18,662.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,616

Prime Investment Opportunity in Berea, East London

This centrally located corner property in Berea offers a versatile real estate opportunity with significant rental potential. The main house is thoughtfully divided into two rental units, providing flexibility and an immediate income stream. Additionally, a separate flatlet on the property adds to the investment value, offering more rental options or space for extended family.

Strategically situated, this property is in close proximity to all essential amenities, including business hubs, reputable schools, and major transport routes, making it an ideal choice for tenants seeking convenience and accessibility.

With its excellent rental yield potential and prime location, this property represents a savvy investment for those looking to capitalize on East London’s real estate market.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Flatlet
1
Sizes
Land Size
914m²

Berea, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

18,662.52

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