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R745,500

Monthly Bond Repayment R8,079.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R800

A property with endless opportunities

1. Size: The property sits on a large stand of 1124 square meters.
2. Bedrooms: The property has 4 bedrooms, each equipped with curtain rails and tiles.
3. Bathroom: There is 1 bathroom in the house.
4. Kitchen and Dining: The kitchen and dining areas are open plan, suggesting they are combined into a single space.
5. Garage: The garage has been divided into 4 bedrooms, each having a separate outside door.

Considering the property's current state and potential, a few points stand out:

• Urgent Intervention: The mention of "urgent intervention" could imply that there might be some pressing issues with the property that need
immediate attention, such as repairs, maintenance, or addressing structural concerns. Without more specific information, it's difficult to pinpoint
the exact nature of the intervention required.
• Potential for Renovation or Demolition: The property seems to have potential for renovation or even complete demolition to build a modern house
or 4 townhouses. This decision would depend on factors like the current condition of the existing structure, local zoning regulations, market
demand for the type of property you're considering, and your budget.
• Versatility: The fact that the garage has been divided into 4 bedrooms with separate outside doors suggests that the property has been modified
to potentially accommodate multiple tenants or occupants. This might be suitable for rental purposes or as a guest house setup.
• Property Development: If you're considering demolishing the existing house to build a modern house or townhouses, you would need to undertake
a thorough feasibility study. This study should encompass factors such as cost estimation, architectural design, obtaining necessary permits, and
market analysis to ensure the new development aligns with your goals and the local real estate landscape.
• Location: The property's location is also crucial. Factors like proximity to amenities, schools, transportation, and the overall neighborhood
environment will play a role in determining its potential value and demand.

Ultimately, before making any decisions, it's advisable to consult with professionals such as real estate agents, architects, and contractors to
assess the property's condition and potential, as well as to explore the feasibility of your ideas.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Sizes
Land Size
1,124m²
 
  • 1
 

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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

8,079.04

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