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R2,300,000

22 Wesley Hill Street

Monthly Bond Repayment R24,527.88
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,690

Looking for the Perfect Investment Opportunity, your Dream Income-Generating Property

Welcome to a property that effortlessly blends luxury living with a steady income stream! Nestled in a prime location, this multi-functional gem offers a unique investment opportunity that will undoubtedly capture your attention.
Upstairs, indulge in the comfort of a spacious 2-bedroom family home. Boasting a large lounge, study, and dining room, this elegant space is designed for family gatherings and relaxation. The well-equipped kitchen with ample cupboards and counter space is a chef's delight. Both bedrooms come with en-suite bathrooms, providing privacy and convenience. Enjoy panoramic views through the lounge's abundant windows, offering a picturesque scenery and even a distant sea view.
Now, let's explore the income potential downstairs. Two separate flats, each with private entrances, make this property a savvy investment. Flat A features 2 bedrooms, both en-suite, and an open-plan lounge kitchen, creating a modern and welcoming atmosphere. Flat B mirrors the sophistication with a similar layout, including a full bathroom and an additional second toilet for added convenience.
The property's large yard is not only a secure haven, surrounded by walls and palisade fencing but also offers a picturesque setting. An automatic gate ensures security while providing hassle-free access. The ample space allows for secure off-street parking, catering to the needs of both the residents and potential tenants.
Invest with confidence in a property that not only meets but exceeds your expectations. Whether you're looking for a comfortable family home with stunning views or a smart investment for passive income, this property is the answer. Don't miss the chance to own a piece of versatile real estate that promises both luxury living and financial growth.
Seize the opportunity! Contact us today to schedule a viewing and take the first step towards securing your future with this income-generating property. Your dream investment awaits!

Features

6
5
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
3
Reception Rooms
4
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
2
Sizes
Floor Size
324m²
Land Size
1,361m²
Extras
24 Hour Response • Accommodation • Alarm System • Contemporary • Double Storey • Driveway • Built in Wardrobes • Courtyard • Electric Gate • Garden • Garden Flat • Student Accommodation • Water Tanks • East • Fenced • Secure Parking • Aluminium Window • Wood Window

West Bank, Port Alfred

History In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here.  After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.   Location Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

24,527.88

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