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R7,000,000

2 Sunrise Drive

Monthly Bond Repayment R75,859.49
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,507

Incoming Generating property with 7 Abodes on 3,2ha (30 000 sqm)

Truly a piece of paradise set in the tranquil surroundings of Assagay.
MAIN HOUSE: 3 bedrooms all with en-suite bathrooms, lots of BIC's , new carpets with underfloor heating, ceiling fans, 2 lounges, scullery and pantry. Double garage, pool, own entrance.
COTTAGE 1: Next to main house, 1 bedroom, small garden, patio, lounge, full bathroom
COTTAGE 2: 1 bedroom, double carport, beams, burglar bars, own garden, view of dam, kitchen, full bathroom, sliding doors onto veranda overlooking dam. Gas stove.
CONTAINER FLAT: Full bedroom and bathroom for guests.
COTTAGE 3: 2 bedrooms, open plan lounge/dining area, patio, double carport and tandem garage, plus workshop.
FLAT 3: Modern kitchen - granite tops, bedroom plus office and lounge with patio
FLAT 4: Very large lounge and modern kitchen with granite tops, full bathroom, tiled floors, patio.
FLAT 5: Last one at the end, smaller with bedroom, bathroom, kitchen and patio
FLAT 3,4,5 SHARE A CARPORT FOR 3 CARS WITH OWN ENTRANCE.
The dwellings overlook your own dam and private boma, Impala, Blessbok and Nyala roam around freely.
Assagay is nestled in the valley of Hillcrest, which is a family suburb with excellent schools in the area, churches, and friendly restaurants.
The 5 dwellings have tenants which cumulatively yield an income of R50 000 per month.
The present owners purchased the undeveloped land and have developed the site into an income generating property whilst also being involved in the neighbourhood community activities, one of which is reintroducing wildlife back into nature in collaboration with various wildlife societies.
A truly inspiring property where you will be able to enjoy the serenity whilst also enjoying an income.

Features

11
11
5
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
11
Kitchens
10
Reception Rooms
20
Studies
1
Exterior
Garages
5
Carports / Parkings
7
Security
Yes
Pool
Yes
Sizes
Floor Size
934m²
Land Size
3Ha

Assagay, Hillcrest

Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban. It's a family-friendly suburb, with many private schools, parks and kid-friendly restaurants.   Estate living is very common, with many estates boasting well-kept golf courses. Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding...
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SPCA Fundraising Event
2020 has been a challenging year for all of us... so we at Dormehl Phalane Property Group Upper Highway decided to give back to our community by hosting a fund raiser at the Kloof and Highway SPCA on Saturday the 21st of...
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

75,859.49

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