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R3,490,000

Monthly Bond Repayment R37,218.39
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

3 Bedroom House with 4 flatlets - investors dream Buy

This property is situated in Beautiful Birdswood, and it comes with the option of all 5 units already having tenants.

Main house: 3 Big Bedrooms, with the main bedroom having an on-suit bathroom, and all rooms have ceiling fans.
Open plan lounge, dining room, and beautiful Kitchen.

The second bathroom has a toilet, basin, and shower.

There is also an extra entertainment area that can be used as a 4th bedroom

A luxurious jacuzzi area that is perfect for the whole family

Granny flat: The Granny flat comes fully furnished, and has an open plan lounge and kitchen, a separate bedroom with an on-suit bathroom, and a separate courtyard.

There are 3 x 2 bedroom flatlets, each with an open plan lounge and kitchen, The rooms are very spacious with built-in cupboards and ceiling fans.

The property has 3 different entrances,

The current rental income is as follows:
Main House - R10 000pm
Granny flat (furnished) - R6 000pm
3x 2 bedroom flatlets - R6 500pm

Total rental income: R35 500pm

Contact me today to come and view this amazing investment!!

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
10
Flatlet
4
Sizes
Floor Size
163m²
Land Size
1,150m²
Extras
Electric Gate • Totally Walled • Jacuzzi • Washing Machine Connection

Birdswood, Richards Bay

Birdswood is a well-established residential neighbourhood nestled in the heart of Richards Bay, KwaZulu-Natal, South Africa. This picturesque locale is celebrated for its serene ambiance and an array of convenient amenities, creating a harmonious blend of residential properties, green spaces, and essential services. Its strategic location has made it a prime choice for families and individuals alike, seeking the...
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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

37,218.39

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