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R6,000,000

Monthly Bond Repayment R65,022.42
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,100

Income Generating Small Holding

Offering R38 000 rental income, this 6 acre property situated in a peaceful country place on 2 hectare(4 acres) with added income-generating benefit offers:

- Double Storey Main House with 3 bedroom 3 en-suite bathrooms,
double living room with fireplace leading to an open plan kitchen ,
eye-level double oven and walk-in pantry.

- Upstairs is a open study and separate lounge landing area
overlooking the bottom living room and patio further leading to a
separate 1bedroom suite with bar, built-in braai and large wooden
deck which has a separate entrance as well.

Entertainment offers:
A tranquil forest for meditation seating area, a mini golf, outside bachelor's hut(additional rental income), boma barbeque area and swimming pool with separate LAPA and bar.

Income: (excluding main house) R38 000 income generating units
4 Fully self contained and occupied rental cottages all thatch
- 4 X 2 bedroom units with full bathroom, kitchen and lounge(66sqm)
- 2 X 1 bedroom unit with full bathroom, kitchen an lounge(60 sqm)
- 2 x 1 bedroom units built up to wall level to be completed same as existing 1 bedrooms
All on own driveway, All on approved plans.

In addition: a borehole, a generator, carport for 4 cars
Well secured with CCTV and electric fence - automated gates.

Features

9
6.5
3
Interior
Bedrooms
9
Bathrooms
6.5
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
3
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
19,974m²
Extras
Balcony  • View of Water  • Barbecue Area  • Children's Play Area
 
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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

65,022.42

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