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R765,000

Monthly Bond Repayment R7,896.24
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R800

3 Bedroomed home in Richmond Hill on large Erf. Currently zone Res1

This 3-bedroom house comprises of:

· 2 Large bedrooms. (Currently used as offices).

· 3rd Bedroom in the loft. Enough space for a 2nd bedroom or a large office or own lounge. The loft has beautiful sea views.

· Good-size kitchen that looks over the large fully enclosed back garden with sounds of wild birds.

· The bathroom – has a large, enamelled bath that needs TLC, a basin, a shower and a separate toilet.

· The lounge is large and looks out the windows over a covered balcony with sea views.

· Dining area leading off the lounge into a well-sized dining room and through French doors onto a lovely terracotta entertainment area out back. This then overlooks an ever-green low-maintenance garden.

· The front garden is a well-manicured evergreen garden, up a few stairs and onto the balcony with views of the bay. There are high pillars with tastefully painted fencing with spikes on top.


· Security: 24hr armed response alarm. Burglar bars. High walls and fences. Great WhatsApp group and extra security companies keeping a watch 24/7.

· Garden:

· Is fully walled in with high walls and has a high tasteful picket fence at the front.

· There is a large beautifully paved driveway that leads to a large double garage - tandem garage on remote. There is a front gate and a separate pedestrian gate.

· Go through the driveway gates, drive up a long-paved driveway and into the large garage.

· Safe secure parking area to the left side of the garden in front of the garage can hold 4 cars.

· There was a new galvanised roof put on a few years back.


· The property does need a lot of TLC and a few of the wooden floors need major repairs, or replacing. It needs a good coat of paint.

· The house is well positioned on one of the most sought-after roads in Richmond Hill.

· BUILDING: Plastered walls, New galvanised roof, Tiles, slate, concrete with vinyl, carpeted wooden floors.

· Brick paving at the front and on the balcony, on stairs, driveway, on back yard entertainment area.

In conclusion:

Here is a property on one of the biggest ERFs in Richmond Hill. A mixed Cape Dutch style and Tudor Victorian. The land was first sold in 1875. The property needs a lot of work, to make it your own. It can have many uses – Restore it to its former glory or convert this house into lovely quiet offices or Air-B&B and other accommodations.

This house is within walking distance of buses, trains, and Taxi routes to most institutions including varsity. Shops, Malls, restaurants, Hospitals, police stations, petrol and service stations. The beach is 3km away.

Disclaimer:

Whilst every endeavour has been made to ensure the accuracy and disclosure herein, no liability will be accepted for any errors or omissions.


Call me today to view your next home or project.

Features

3
1.5
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1.5
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Sizes
Land Size
495m²

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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

7,896.24

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