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GALLERY

R1,890,000

7 Cleeve Road

Monthly Bond Repayment R20,155.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,300

Great investment opportunity- Newton Park!!!

This property features four distinct living spaces, all fully tenanted, generating a monthly income of R 21,675.

The main house is currently rented at R 3,000 per room for three rooms, complete with communal bathrooms, a lounge, and a kitchen. Additionally, there are two one-bedroom flats available, each renting for R 4,000 per month. There's also a one-bedroom unit with a carport, private yard, and braai area, available for R 4,675 per month.

Moreover, there is potential to build two additional flats on the property.

Seize this fantastic investment opportunity!

Features

6
4
Interior
Bedrooms
6
Bathrooms
4
Kitchens
4
Exterior
Carports / Parkings
6
Sizes
Floor Size
265m²
Land Size
833m²

Cotswold, Port Elizabeth

With unspoiled beaches, rolling sand dunes and warm Indian Ocean, is Gqeberha (Port Elizabeth), boasting all the traditional big-city amenities at a price significantly more affordable than other metropolitans in South Africa.  Home buyers are attracted, not only by the great value our housing market offers, but also the array of fine schools, beautiful beaches, moderate climate, strong family values and fantastic...
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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

R 

20,155.52

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