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R890,000

Monthly Bond Repayment R9,491.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Large property with flatlet attached and close to school

This property is conveniently located near the school in Ncandupark. It boasts an open-plan lounge, dining area, and kitchen, along with a study/office, four bedrooms, and a well-appointed bathroom, all featuring tasteful tiling throughout. The house includes a single garage.

Additionally, there is a granny flat that offers a cozy lounge, a fitted kitchen, a spacious bedroom with ample built-in cupboards, and a large en-suite bathroom. The granny flat has its own separate entrance and a secure carport, ensuring peace of mind.

This property presents an excellent opportunity for generating extra income to assist with mortgage repayments!

Features

4
1
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
1
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
4
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
1,000m²

Ncandu Park, 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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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

9,491.22

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