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R1,199,000

Monthly Bond Repayment R12,786.49
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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This Two Bedroom Double Storey House with a Double Storey Outbuilding for sale in Sunford Phoenix

This remarkable 2-bedroom duplex, accompanied by a double-storey outbuilding, presents an exciting opportunity for prospective buyers in the sought-after Sunford Phoenix area.

Strategically located, this property is not only an ideal home but also promises additional income potential in a prime location.
The duplex layout offers an ingenious income-generating option – live in one of the two properties and rent out the others to offset your mortgage payments.
The strategic positioning of the home on the main road makes it an excellent business property, perfect for those seeking a dual-purpose investment.
Situated in close proximity to the renowned Phoenix Plaza, shopping malls, schools, garages, and the local police station, this property serves as a convenient business hub. Its accessibility and proximity to essential amenities make it an attractive location for starting or expanding a business.
Investors will find a lucrative opportunity to rent out all three units and even explore the possibility of adding more units to further maximize returns. The bond taken for the property can potentially be covered by the rental income generated from existing tenants.
The main duplex features a welcoming lounge that seamlessly flows into the kitchen, equipped with built-in cupboards, a guest toilet, and a pantry. Upstairs boasts two spacious bedrooms, one with built-in cupboards, and a bathroom with a shower. An open courtyard with a wash tub adds to the property's charm.
The double-storey outbuilding consists of two separate units. Outbuilding 1 comprises an open-plan lounge and kitchen with cupboards, leading to a passage that connects to a toilet, bathroom with a shower, and a spacious bedroom. Outbuilding 2 features a kitchen, with a passage leading to the bedroom, toilet, and bathroom with a shower.
All three buildings are equipped with pre-paid electricity for added convenience. The property is fully walled with security gates, ensuring a secure environment. Parking for two vehicles is available, with two entrances and the potential to create additional parking spaces at entrance two. Currently, two tenants occupy the property.
With a touch of creativity, this property can be transformed into cozy homes or further developed to meet various lifestyle and business needs.
Schedule an appointment to view and explore the endless possibilities that this unique property has to offer. Call now to secure your opportunity!

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
3
Reception Rooms
5
Exterior
Carports / Parkings
2
Flatlet
2
Sizes
Floor Size
165m²
Land Size
222m²
Extras
Near Bus • Near Medical Center • Near Shopping Mall • On Busy Road • Near Hospital • Open • Safe Location • Near Airport • Near Public Transportation • Near Fitness centre • High Traffic • Near Shops • Brick • Near Highway • Near Schools
 
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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:

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

12,786.49

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