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R2,200,000

Monthly Bond Repayment R23,083.63
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Residential/Office Investment - Vincent Gardens

Harcourts Cornerstone presents to you this fully tenanted property in Vincent Gardens. Enjoy the benefit of not having to find tenants.

A rewarding 4-bedroom property that offers plenty of options for the astute investor.

This property is ready for the next owners to bring it into the 21st century. It may be in need of some TLC but lots of big-time potential to make your mark!

This charming home (currently fully tenanted) offers a main 2 bedroom unit, with an open plan kitchen & lounge featuring a fireplace, a 1 bedroom flat, and a large studio/bachelor flat.
Interiors are roomy and bright with some areas that offer beautiful Oregon wood flooring and other areas that are tiled out.

The exterior features a lovely neat and simple but beautiful garden area with ample parking behind high-secure walls.

The property also lends itself to be utilised as professional suites and can cater to various entities.

This property is perfectly situated close to on-route transport towards the main city centre or just up the road from the famous Hemming ways mall.

Have a business venture you wish to bring to life? Schedule a tour today with Buks and consider this property that just may be a perfect choice!

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
5
Sizes
Land Size
726m²
Extras
House Style: Lifestyle • Views: Urban • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Modern • Kitchen: New • Kitchen: Open Plan • Kitchen: Dishwasher • Kitchen: Microwave • Kitchen: Finish • Kitchen Finish: Melamine • Main Bedroom: Double • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Single • Main Bathroom: Bath • Window Coverings: Drapes • Insulation: Ceiling • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Good • Window/door Frames: Timber • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains

Vincent, 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

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Monthly Payment

23,083.63

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