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R3,300,000

Monthly Bond Repayment R34,062.22
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R3,138

Two For The Price Of One

The perfect investment opportunity - 2 homes on a large erf in Old Summerstrand, offering many options - air b & b, student accommodation, guest house or space for extended family.

Original home offering 4 bedrooms and 3 bathrooms. The main bedroom is expansive with an ensuite and dressing area. Open plan living/dining area and farm size, fitted kitchen with granite tops and eye level oven. Bar area and interleading garage. The 2nd home has been recently built and features modern, upmarket finishes such as porcelain tiles, american shutters and modern bathrooms. It comprises of 3 spacious suites, a living/dining area and guest toilet, as well as an undercover patio area. Second gate for convenient private access to the 2nd home. 2 garages and ample additional parking space.

Great location in a quiet street with close proximity to excellent schools, the beachfront and all amenities What are you waiting for.

Features

7
6
2
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
6
Kitchens
1
Reception Rooms
4
Exterior
Garages
2
Sizes
Floor Size
430m²
Land Size
1,796m²
Extras
Built In Bar • Built in Wardrobes • Covered Patio • En Suite • Eye Level Oven • Garden Flat • Granite Tops • Intercom • Residential • Second House • Secure Parking

Summerstrand, Port Elizabeth

Gqeberha boasts some of the cleanest and safest city beaches in South Africa. More than 40 kilometers of sun-splashed sand, rims the coast along Algoa Bay.  Hobie, Humewood and the Blue Flag King's Beach, are a few of the beautiful beaches adorning our beautiful area.  The new Boardwalk development is the latest attraction for locals and visitors alike.  It comprises a casino, 140 key 5-Star Boardwalk Hotel,...
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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

34,062.22

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