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R1,850,000

Monthly Bond Repayment R20,048.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,784

5 Bedroom House For Sale in Greenfields

Investment Opportunity: Unique Property with Great Potential

Situated in a tranquil location, this property offers an exceptional combination of ample space and promising investment prospects. Embrace the chance to own a property that invites innovation and financial growth.

Step into a generously sized two-bedroom house, elevated above the ground level for a sense of elevated living. Each bedroom provides a comforting spaciousness, complemented by charming wooden flooring in the lounge and kitchen areas. The balcony opens up to breathtaking vistas of the pool area, the scenic forested hills, and the serene valleys, creating a sanctuary where mornings are greeted by nature's gentle embrace and evenings offer a symphony of tranquility.

Descend to the ground floor to discover two self-contained flats, presenting a myriad of possibilities. Tailored for potential rental income, each unit comprises a cozy bedroom, a welcoming living room, a convenient kitchenette, and a well-appointed bathroom. Separate entries ensure tenant privacy and easy access.

Unleash the Investment Potential:

This property is a blank canvas awaiting your innovative touch. While it has gracefully stood the test of time for decades, it yearns for the care and vision of a forward-thinking buyer or investor. Whether you envision modern updates, transforming it into a bed-and-breakfast, or simply capitalizing on rental income, this property offers limitless prospects.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Reception Rooms
2
Exterior
Carports / Parkings
5
Security
Yes
Flatlet
2
Pool
Yes
Views
Yes
Sizes
Land Size
1,055m²

Greenfields, East London

East London, also known as Buffalo City, lies between the Nahoon River in the North & the Buffalo River in the South.  It is the second largest city in the Eastern Cape & the only River Port in South Africa. The subtropical climate of the area guarantees temperate weather conditions throughout the year and that, plus the warm Indian Ocean lapping the pristine beaches, contribute to it being a sought-after...
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In the news

Bigger and better for Chas Everitt East London
There is nothing permanent except change, as the saying goes, and that is certainly true for the Chas Everitt International office in East London, which has recently changed management and moved to new premises. "We know there...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

20,048.58

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