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R2,295,000

Monthly Bond Repayment R24,474.56
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,372.7

Potential Investment!

This large house offers the best of both in the ever-popular Summerstrand with the feel of a Complex. This investment is fully accredited as a student accommodation, within walking distance of the University shuttle pick-up point & University. It can also be utilized as a holiday house over the festive season, as students vacate the premises every end of November till the end of January.

It is conveniently situated 1.1km away from the University, just 1km away from Mercado Centre (Retailer - GROCERIES, RESTAURANTS, PHARMACY, ATM) and more, only 3.1 km away to the famous Beach front, Boardwalk Mall, and 6.4km away from the Airport.

This house has been smartly converted to 6 generously sized bedrooms with 3 bathrooms (1 en-suite) and a separate shower, it is perfect for a savvy investor planning to start or add to their rental portfolio.

Ground Floor
Open plan lounge/kitchen
Bedroom 1 with shower and toilet (en suite)
Bedroom 2
Bathroom

Upstairs
3 Separate bedrooms - different sizes (all with cupboards)
4th Bedroom (it can also be converted to office - this room is not accredited)
Bathroom
Separate shower

Double garage, Pool, Electric fence

Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.

Features

6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
1
Reception Rooms
1
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Land Size
491m²

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All she sells just turns to sold
FEATURED AGENT OF THE WEEK TALANA FOOT All she sells just turns to sold IF TALANA Foot has a mantelpiece at home it must be filled to the brim with property awards. Since joining RE/MAX Independent Properties...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Talana Foot Real Estate website is accurate and up to date, Talana Foot Real Estate 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

24,474.56

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