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R1,890,000

Monthly Bond Repayment R19,830.94
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,021.5

An Investor's Dream Property in Cambridge

This exceptional property is offering a unique blend of comfort, space, and potential for multiple income streams. The main house is expansive, featuring four generously sized bedrooms, two of which boast en-suite bathrooms for added privacy and comfort. this is in addition to the main bathroom and guest toilet.

The living areas are designed for both relaxation and entertainment. The property offers two distinct lounges: a formal lounge perfect for sophisticated gatherings, and a more casual lounge complete with a built-in bar, ideal for entertaining friends and family. Adjacent to the kitchen is a spacious dining room, which is perfect for hosting dinner parties. The kitchen itself is functional , featuring an old-fashioned pantry that adds a touch of nostalgia. A separate laundry room conveniently located off the kitchen.

In addition to the main house, the property includes two fully self-contained flats:

Flat 1: A cozy and comfortable one-bedroom unit, perfect for tenants or extended family.
Flat 2: A slightly larger one-bedroom unit, offering more space while maintaining the same level of comfort and privacy.

The property’s potential doesn’t end there. The tunnel garage, which already has a built-in toilet, presents an incredible opportunity for further development. Whether you envision converting it into a third flat, a workshop, or a home office, the possibilities are endless.

At the rear of the property, you’ll discover a separate lounge area that opens up to a delightful braai (barbecue) area, perfect for outdoor dining and socializing.

With its versatile spaces, development potential, and appealing features, this property is not just a home but an investment opportunity with boundless possibilities.

Features

4
3
3
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Exterior
Garages
3
Carports / Parkings
4
Flatlet
2
Sizes
Land Size
1,029m²

Cambridge, 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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

19,830.94

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