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R2,495,000

Monthly Bond Repayment R27,038.49
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
R1,945

OPPORTUNITY AWAITS

Presenting an extraordinary opportunity in Pietermaritzburg's Hayfields area – a substantial 4-bedroom house on a spacious 2722 sqm plot, offering a unique blend of potential and tranquility.

This expansive property features a massive lounge, dining room, and kitchen, providing ample space for family activities. A cozy fireplace adds character, and the 5 bathrooms ensure convenience. The double garage, alarm system, beams, and CCTV cameras enhance security, allowing you to enjoy peace of mind.

Overlooking a pool and nature reserve, the entertainment area promises moments of relaxation. The property also includes a substantial outbuilding comprising a 6-car garage (125 sqm) and a sizable 1-bedroom flat. Though incomplete, the outbuilding holds immense potential and requires only minimal finishing touches.

Nestled in a quiet area bordered by a nature reserve at the back, this property offers a peaceful retreat. Ideal for a church, creche, or bed and breakfast, both the house and the unfinished outbuilding open doors to various possibilities.

The 5000L Jo Jo water tank ensures a reliable water supply, and the spacious grounds allow for future expansion. With the potential to build more units, this property presents a fantastic investment opportunity.

Convenience is further highlighted by the ample parking space, accommodating approximately 50 cars. The electrical system operates on a prepaid basis, providing flexibility in managing utility costs.

While this property may not boast modern finishes, its expansive grounds and untapped potential make it a canvas ready for your vision. If you are looking for a project with the opportunity to create something truly unique, this property in Hayfields is the perfect canvas to bring your ideas to life. Act now and seize the chance to turn this property into your dream venture or family haven!

Features

4
5
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
50
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
2,722m²

Hayfields, Pietermaritzburg

Pietermaritzburg, the Capital of KwaZulu Natal, is situated in the Msunduzi river valley and is rich with historical attractions, culture and natural countryside beauty. Pietermaritzburg, known as the "City of Flowers" for its beautiful azaleas, roses and stunning purple Jacaranda trees that line the city streets, hosts the annual Spring Open Gardens which attracts visitors worldwide.  It is home to the famous Dusi...
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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

R
%

Monthly Payment

27,038.49

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