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R1,495,000

Monthly Bond Repayment R16,201.42
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,103

5 Bedroom Investment Property

This spacious family home offers several features designed for resident convenience. The main house comprises 3 bedrooms, each equipped with built-in cupboards for ample storage. The kitchen in the main house has built-in cupboards that could benefit from an upgrade. The spacious lounge features a cosy fireplace, creating a warm and inviting atmosphere ideal for family gatherings, especially during colder months. Additionally, there is a fourth bedroom with its own sunken shower/bathroom, offering privacy and a separate entrance suitable for guests or as a self-contained living space for a family member.

In addition to the main house, there is an outbuilding on the property consisting of one room with an en-suite bathroom and a kitchen equipped with built-in cupboards. This space can serve as a guest room, home office, or rental unit for additional income.

The property includes a spacious yard and garden, providing ample outdoor space. A double-door garage accommodates 2 vehicles, ensuring secure parking. The garden enhances the beauty and tranquillity of the surroundings, offering a peaceful retreat for the family.

Overall, this large family home offers a comfortable living environment with well-designed bedrooms, a functional kitchen, an inviting lounge with a fireplace, an additional guest room with privacy, and ample outdoor space with a garden.

Features

5
3
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
3
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
1
Sizes
Land Size
892m²

Newholme, 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

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

16,201.42

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