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R1,600,000

Monthly Bond Repayment R16,515.01
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,664.2

Investment opportunity knocks!!! Home with 2 flatlets!

An incredible Investment opportunity in Escombe has just landed on the market, situated within close proximity to Metro and the main road.

This home flows from the minute you step into the dining room, which leads out onto an under-cover patio, add a built-in braai and you have the perfect entertainment area.

The lounge is spacious with wooden floors and flows through to the heart of the home, the kitchen.

The kitchen boasts granite counter tops, ample cupboard space, a double basin, plumbed for a washing machine, and spacious enough to add a centre island and to accommodate a double door fridge.

The home offers 3 bedrooms with built in cupboards, 2 of which has wooden flooring and the 3rd screed flooring. There is one full family bathroom with a built-in cupboard for all your towels and toiletries.

The first flatlet is attached to the house, yet private and offers an open plan lounge and bedroom, bathroom with shower and a separate kitchenette with gas. Prepaid electricity is already installed and generates a monthly rental income of R 4180 with a tenant placed for a year.

The second flatlet is separate and private to the house and situated in the lower garden, which offers an open plan lounge and bedroom with a fireplace, kitchen with ample cupboard space and a gas stove and a modern bathroom beautifully tiled with a bathtub. Prepaid electricity is already installed in this unit for convenience.

Need space for your tools and a workshop? Below the house is 2 large storage rooms, which use to be a garage and can easily be converted back, if need be - the choice is yours

For an exclusive viewing please call Vanessa.

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Flatlet
2
Sizes
Land Size
1,440m²
Extras
Below Road • Built in Wardrobes • Burglar Bars • Courtyard • Covered Patio • Double Basin • Flatlet • Gas Hob • Granite Tops • Storeroom • Washing Machine Connection

Escombe, Queensburgh

Queensburgh Queensburgh is a built up area that has boomed recently to include as many as 10 suburbs in its reach just 15 minutes’ drive south-west of Durban, en route to Amanzimtoti on the M7. With the push for property moving prices well out of reach of the average South African, Queensburgh manages to provide affordable properties to first time buyers as well as more substantial homes for top of the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

16,515.01

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