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R1,500,000

Monthly Bond Repayment R16,255.61
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Awesome 3-bedroom house for sale in Clare Hills

Dormehl Phalane Property Group Apex offers this neat and fully tiled 3 bedroom home situated in Clare Hills with the added bonus of rental income of R9400 pm from 3 tenants to help finance your bond repayments. For an investor a small alteration to the main home can be further subdivided into two x 2 bedroom apartments and you could earn an additional R10000pm. That’s a rental return of R19400 (14.5%)
Rental income from 3 x one bedroom studio apartments, each fitted with shower and its own electricity and water prepaid meter
This recently painted property is situated in a cul de sac road and is fully fenced with security cameras.
Bedroom 1 - situated upstairs has en-suite with shower, BIC
Bedroom 2 - situated downstairs and has en-suite with shower, BIC
Bedroom 3 - situated downstairs
Open plan lounge and dining room and also a TV room.
Has a fully fitted kitchen with granite top. Also includes 2 fridges, microwave and freezer part of the sale.
Has a motorized double lockup garage and double car-port.
Contact Agents for appointment to view.

Features

3
3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Furnished
Exterior
Garages
1
Sizes
Land Size
839m²

Springfield, Durban

Durban Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in 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

16,255.61

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