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R495,000

Monthly Bond Repayment R5,193.82
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R400

Introducing Your Ideal Family abode with Income Potential!

This property is a true gem for both homeowners and investors, offering incredible flexibility, space, and value. Nestled in the sought-after area attached to NU 17, this home is ideal for families looking for space, security, and accessibility or for investors seeking strong rental income opportunities. Here’s what makes this property a standout choice:

Main House:
Comfortable 2 Bedrooms: Spacious and versatile, these rooms are perfect for families or tenants. Both rooms provide ample space for personalized styling and comfort.
1 Well-Appointed Bathroom: Conveniently located, the bathroom offers a practical layout that maximizes space.
Income-Generating Granny Flats:
Two Private Granny Flats: Ideal for generating additional rental income or accommodating extended family. Each flat has its own private entrance, allowing for independent living spaces while still connected to the main property.
Flexible Rental Potential: Given the high demand in this area, these flats are perfect for steady rental income or use as guest accommodations, providing maximum financial flexibility for the buyer.

Additional Features:
Secure Garage & Yard Space: The spacious garage provides ample room for parking and storage, with a large yard offering even more parking or recreational space.
Fully Walled for Enhanced Security: The property is completely enclosed, providing privacy and peace of mind. Located in a secure neighborhood, it’s an excellent choice for families or anyone seeking a safe living environment.
Prime Location:
Close to All Amenities: Within walking distance to shopping centers, schools, and public transport, this property offers the best of convenience and accessibility. Ideal for families, professionals, and students alike, making it a desirable location for tenants.
Attached to NU 17: As one of the most established areas in Mdantsane, NU 17 offers a sense of community and security, with friendly neighbors and essential amenities just a stone's throw away.

Exceptional Value:
Affordable Pricing: Priced to sell, this property offers great value for first-time buyers, families, and investors alike. The combination of a main house, two additional flats, and a spacious, secure yard makes this an extraordinary opportunity at a competitive price.
Don’t miss out on this incredible opportunity—contact me today to schedule a viewing and see for yourself the potential this property has to offer!

Features

2
1
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Exterior
Garages
1
Carports / Parkings
2
Flatlet
2
Sizes
Floor Size
55m²
Land Size
300m²

Mdantsane Nu 16, 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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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,193.82

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