Chat with us, powered by LiveChat
 
SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Monthly Rates
R1,345

Grate property for investment

Harcourts Mercantile proudly presents this incredible investment opportunity for discerning property investors. Nestled within a sought-after location, this 3-bedroom home boasts a spacious lounge, a well-appointed fitted kitchen, and a host of desirable features. With an en-suite in the main bedroom and separate shower and toilets for the other rooms, convenience and comfort are at the forefront of this property.

One standout feature of this investment property is the inclusion of six outside flats that generate a substantial monthly income of approximately R7200. These self-contained flats provide an attractive opportunity for investors seeking additional revenue streams from their properties. The potential to generate consistent rental income is undoubtedly an enticing prospect.

Investing in real estate can be a prudent long-term strategy for building wealth, and this property offers an ideal entry point for those looking to capitalize on such opportunities. Whether you're an experienced investor or someone eager to start their investment journey, this property holds tremendous potential.

To explore this remarkable investment opportunity further and obtain more detailed information about the property, we invite you to contact us, we are ready to assist you with any queries you may have, provide additional insights, and arrange viewings at your convenience.

Seize this chance to invest wisely and secure your financial future with this outstanding property. Contact us today and unlock the potential this investment has to offer!

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
3
Security
Yes
Sizes
Land Size
432m²
Extras
Security Gate • House Style: Lifestyle • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Formal Lounge • Kitchen: Modern • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Laundry: In Kitchen • Additional Rooms: Other • Insulation: Ceiling • Heating / Cooling: Electric • Additionals: Electrical Satellite Dish • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Fair • Water Supply: Town Supply

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...
More Info
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Houses for sale in Southernwood, East London.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

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.

R
R

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

14,088.19

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.