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R1,790,000

Monthly Bond Repayment R19,398.36
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,292

TWO BEDROOM x TWO BEDROOM homes make up this beautiful property !!

Welcome to this unique property offering in Southport, on the Kwazulu Natal South Coast (lower), a wonderful home suited for a small family, perhaps those with in-laws or family living with who can stay independently or alternatively a couple retiring at the coast looking for a property that will also bring in a nice rental income. Now days having an additional revenue stream coming from a flat or dwelling on your property is much desired, and in this instance, this property allows for renting out the flat or alternatively the main house, depending on what makes most sense for the owner. The flat for example is currently being rented out for R6000 (excluding) which is a very nice monthly revenue stream.

You may wonder what condition this property is in, well when I tell you its in excellent condition, I am not exaggerating. Beautifully maintained with newly renovated bathrooms are the stand out features. The kitchen is the only part of the house that hasn't had any upgrades, although not necessary as it is neat as a pin and in excellent condition, however it would literally transform this house to the next level with a modern day kitchen. As mentioned the main house has two bedroom, and two beautiful bathroom , main bedroom is en-suite. A lounge, dining room and lovely covered patio complete this home, that boast glorious sea views across sprawling lawns and gardens.

Completely separate to the main house, with its own covered parking, is the two bedroom, one bathroom flat, also sea facing and very private.

BACK UP SUPPLY: The sale also includes two 2500L water tanks and an inverter with 4 batteries to ease the inconvenience of loadshedding or water outages.

And to finish off, there is a completely detached outbuilding with an automatic garage for two cars along with a staff toilet and shower , accessed via an enclosed courtyard to the back door of the kitchen.

Features

3
4
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
4
Kitchens
2
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
2,020m²
Extras
CCTV • Alarm System • Fibre • Water Tanks • Inverter
 
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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

19,398.36

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