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R595,000

Monthly Bond Repayment R6,345.26
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R677

Move-in, rent-out, groundfloor with garden!

Discover the epitome of Southernwood living with this neat 2-bedroom ground floor flat. Located in the heart of this coveted neighborhood, this home offers a blend of convenience, versatility, and income potential that is simply unmatched.

Property Highlights:

Optimal Layout: Step into a tiled oasis where thoughtful design meets functionality. The open floor plan seamlessly connects the living spaces, ensuring an easy flow throughout.

Third Bedroom Potential: Transform the lounge into a lucrative third bedroom, opening up exciting possibilities for extra rental income or accommodating a growing family.

Outdoor Haven: Embrace the charm of your own outdoor retreat at the back of the flat. This space provides the perfect setting for relaxation, gardening, or entertaining guests.

Off-Street Parking: Your convenience is paramount - park with ease in your designated off-street parking space, ensuring that you come home to comfort without the hassle.

Prime Connectivity: Enjoy unparalleled access to essential amenities. The nearby hospital, schools, Oxford Street, and the heart of town are all within reach, simplifying your daily life.

Investment Potential: With the option to generate extra income through the lounge conversion, this flat offers an attractive investment opportunity that can pave the way for financial prosperity.

Proximity to Education: Families will appreciate the close proximity to schools, ensuring a smooth morning routine and fostering a seamless balance between education and home life.

Transportation Hub: Benefit from the well-connected location, making commuting a breeze. Whether you're heading to work or exploring the town, you're at the center of it all.

Tiled Elegance: Experience the allure of tasteful design as the entire flat is tiled, offering not just an aesthetically pleasing environment, but also easy maintenance.

This flat represents a gateway to a lifestyle that combines comfort, accessibility, and financial potential. Whether you're a discerning homeowner or an astute investor, this is an opportunity that cannot be overlooked. Act now to secure your piece of Southernwood paradise. Contact us today to schedule a viewing and witness firsthand the promise of this remarkable ground floor haven.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Sizes
Floor Size
75m²

Southernwood, 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

6,345.26

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