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R1,700,000

Monthly Bond Repayment R18,129.30
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,187

Large property with 2 flatlet attached in Hutten-Heights

This property offers remarkable potential with two 1-bedroom flatlets, providing options for additional income or accommodating extended family members.

The main house boasts a spacious lounge, family room, dining room, and a beautifully designed open-plan kitchen complete with a separate scullery. It features four bedrooms and two bathrooms (main en-suite), all of which are fully tiled, freshly painted, and recently upgraded.

Adjacent to the kitchen, you'll find an inviting entertainment area that leads to an outdoor braai space. The property includes two garages and ample carport space.

Each flatlet comes with its own private garden and outdoor braai area, making this property an ideal choice for those seeking both comfort and functionality.

Located conveniently close to all amenities, this opportunity is not to be missed!

Currently, both flatlets are generating rental income of R3,500 per month each, making this an excellent investment prospect.

The main house features four bedrooms, two bathrooms (including a main en-suite), a lounge, dining room, and TV room, all complemented by an open-plan fitted kitchen and separate scullery.

With two garages and additional carport space, this property is perfectly situated near schools and shops. Don’t let this fantastic investment opportunity slip away!

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
2
Sizes
Land Size
1,215m²

Huttenheights, Newcastle

Newcastle is in the northwest corner of KZN along the Ncandu River and set at the northern foothills of the Drakensberg Mountains. It is one of the countries busiest industrial centres and for this reason has earned the nickname "the City of Opportunities" The N11 and R34 are the 2 main roads linking Newcastle to the rest of South Africa. The driving time from Newcastle to Durban is 4 hours and 3 hours from...
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Market value

R1,700,000

Offers from

R1,550,000

Offers for this listing must be made in R15,000 increments. More Info

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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

18,129.30

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