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R1,695,000

Monthly Bond Repayment R17,208.13
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R1,000

Family living or investment opportunity.

This versatile property presents an investment opportunity offering both a spacious main home and a granny flat, perfect for generating rental income. Whether you're an investor or a family looking for extra income, this home provides the ideal balance of comfort and practicality.

The main house offers: Three bedrooms well-sized offering ample space for relaxation, two bathrooms convenient for family living, featuring a bathtub and a standalone shower for added flexibility. This home also offers a functional kitchen with plenty of cupboard space and all your culinary needs, an air-conditioned lounge area cozy for family gatherings or quiet relaxation.
This home also offers you a huge sparkling swimming pool to enjoy on those hot summer days and a spacious carport to accommodate up to four vehicles, a neat one-bedroom flatlet, private and comfortable.

This property is an excellent choice for those seeking a home that can also provide a consistent rental income.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
4
Flatlet
1
Pool
Yes
Sizes
Land Size
968m²
Extras
Electric Gate • Totally Fenced • Air Conditioner • Built In Braai • Burglar Bars • Breakfast Nook • Storeroom • Laundry

Arboretum, Richards Bay

Arboretum is a vibrant suburb nestled in the heart of Richards Bay, South Africa. Boasting a prime location in KwaZulu-Natal, Arboretum presents a diverse array of property options, catering to both discerning buyers and tenants seeking residential or commercial spaces. One of Arboretum's standout features is its well-maintained roads and infrastructure, ensuring ease of travel and connectivity. Its strategic...
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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

17,208.13

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