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R1,400,000

Monthly Bond Repayment R14,689.58
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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5 bedroom house is priced below market value, offering a unique opportunity as 2 houses in one

NO LOADSHEDDING AREA!!!!!!!!!!! 10% Deposit required for bank owned Property!!
This two houses in one property is priced below market value, offering a unique opportunity to unlock its true potential and build equity. If this property is renovated is can sell for between R1.65 to  R2 Million according to the growth of property and to certain Bank valuations
Exceptional Investment Opportunity: Two Houses in One!
Discover this unique bank-owned property featuring two homes on one lot, offering incredible value at a price below market value. This is a rare chance for families or investors to maximize their investment potential in a prime location.Main House:3 Bedrooms:Spacious and bright, perfect for family living.1.5 Bathrooms:Includes a convenient separate toilet for guests if bathroom is occupied.Living Area:A cozy space with a charmingfireplace, ideal for winter nights.Dining Room:A welcoming area for family meals and gatherings.Open-Plan Kitchen:Featuring a modern rustic design with a gas stove, this kitchen combines style and functionality. It's perfect for culinary enthusiasts.Security System:Installed but not connected, offering an opportunity for enhanced safety.Spacious Garden:A large outdoor area that provides ample space for children to play or for gardening enthusiasts.Double Garage:Offers generous storage space and room for tools or a workshop.Courtyard:The front courtyard includes abraaiarea, which can be easily transformed into an open-plan entertaining space connected to the living room by a glass doorBuild in braaiin courtyard in a boma form.Second House:2 Bedrooms:Comfortable and well-appointed, ideal for guests or as a rental unit.1 Bathroom:A unique bathroom that adds character and charm to the space.2 Covered Carports:Convenient parking options for residents or visitors.Garage:Additional parking or storage space available.Braai Area:Perfect for outdoor gatherings and enjoying sunny days with family and friends.Internet Connection:Ready for modern living with connectivity options.Additional Features:Pet-Friendly:Both homes have ample outdoor space for pets and family activities.No Load Shedding Area:Enjoy peace of mind with a reliable power supply.10% Deposit Required:A great opportunity for buyers to invest in a property with significant potential.
This property not only offers two homes with privacy and charm but also presents an incredible opportunity to create a dream living space or generate rental income. The combination of a spacious garden, modern amenities, and potential for personal touches makes this a must-see!
Don’t miss out on this exceptional opportunity! Book your appointment NOW!

Features

5
2.5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2.5
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
1
Sizes
Floor Size
337m²
Land Size
1,586m²
Extras
Brick • Barbeque pit • Concrete • Gas - Natural • Covered Parking • 2 Car Garage • Alarm System • Built In Braai • Near Children's Park • Near Shops • Near to wood • Eat-in Kitchen • Needs Renovation • Security - System • Good reachable traffic • Near Public Transportation • Near Medical Center • Open • Safe Location • Wood • Washing Facilities(in building) • Upgraded Bathroom • Gas Oven • Common Areas • North East • Near Schools • Garage • Open fire • Glass Siding • Washing Facilities (in apartment) • Near Bus • High Speed Internet • North • Garage with Automatic Door • Woodwork • Kitchen - Extra • Old Building • Near Shopping Mall • Near Golf Course • Unfurnished • Built in Wardrobes • Fibre
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

14,689.58

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