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R1,749,000

Monthly Bond Repayment R18,954.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,500

INVESTMENT PROPERTY:BLUFF INVESTMENT IS THE FOUNDATION OF FINANCIAL SECURITY!

This hidden treasure is waiting to be discovered. Perfectly positioned, in a vibrant neighborhood this residence is poised to provide 4 rental income generators .Properties strategic location sets it apart. You're never too far away from anything! Situated in close proximity to Bluff Towers, Oxford Fresh Produce, Shops , High School, Primary school and essential amenities, all within a short walking distance. Ideal for those who value easy commuting .
Options and opportunities ... currently a residential property, which had previously been an extra large family home, has been subdivided into 4 rental units. Is ready for a new owner to refresh and rejuvenate.

A unique opportunity with its current rental income, this home offers versatile options, for an investor looking for a good ROI or revenue stream to supplement is bond.

All units are self contained and is completely independent and features comfortable living areas, fitted kitchens, with BIC and granite tops .

First Level :

Bachelor unit with separate kitchen, toilet and shower, can be subdivided into 2 rooms. Aluminum sliding doors and windows.

Second Level :

Enter into an open plan lounge and dining area,towards your left is the fully fitted kitchen, with stove , undercounter oven , BIC and granite tops.Bathroom wih shower and toilet. Towards the right of the lounge , there's a spacious bedroom with aluminium mirrored BIC. Aluminum doors and windows throughout.

Third Level:

Two bedrooms, Aluminum Mirrored BIC, Two Bathrooms with Shower, basin and toilet + additional toilet. Aluminum doors and windows .

Second Unit on Third Level :

Comfortably sized lounge , stunning fully fitted kitchen, with ELO, extractor and beautiful Bic in cupboards with granite tops, two bedrooms with Aluminum mirrored BIC and two lovely bathrooms with shower, basin and toilet.

With its prime location and excellent rental yield potential, this investment property is a smart choice for investors seeking attractive returns and long term growth.

Don't miss the opportunity to own this versatile property.

Features

6
4
Interior
Bedrooms
6
Bathrooms
4
Reception Rooms
3
Exterior
Carports / Parkings
5
Security
Yes
Sizes
Floor Size
850m²

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Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

18,954.04

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