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R1,250,000

Monthly Bond Repayment R13,330.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R407

Versatile Home with Income-Generating Rental Units for Sale

A spacious home with incredible income-generating potential. The main house features three bedrooms, one of which includes built-in cupboards, and a beautiful enclosed kitchen also equipped with built-in cupboards. There is ample enclosed parking space for up to four vehicles.

Additionally, the property includes three separate rental units, each consisting of one bedroom and a private entrance, providing a fantastic opportunity for steady rental income. Ideally located, this property is in close proximity to the mosque, the main road for public transport, and a mini shopping center, all within a quiet and serene neighborhood.

This property is perfect for buyers looking to invest in real estate and capitalize on the potential rental income from the three backyard flats.

Don't miss this versatile and promising opportunity – contact us today to schedule a viewing.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
4
Flatlet
3
Sizes
Land Size
350m²

Weltevreden Valley, Mitchells Plain

Colourful, vibrant people with strong family ties is what makes Mitchells Plain unique. Established in the 1970's for middle income families the distinctive urban design of Mitchells Plain consisting of localised public facilities creates a sense of community.  LOCATION: Approximately 25km from the CBD and on the edge of the False Bay coastline, Mitchells Plain offers easy access to all major arterial routes...
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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

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

13,330.37

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