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R4,995,000

Monthly Bond Repayment R54,131.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,805

Two story Oasis with lovely views!

A magnificent two-story residence with stunning sea views is available in the highly sought-after suburb, Wavecrest. Whether you are in search of a spacious home for two families or an investment opportunity with rental income potential, your quest ends here.

Nestled in one of Wavecrest's most prestigious areas, this captivating double-storey face brick home boasts panoramic sea views from all balconies. Positioned on an 848 m2 stand, it offers the flexibility of being utilized as two separate units, featuring:

- 6 generously-sized bedrooms
- 5 bathrooms
- 2 kitchens
- 2 open-plan lounges & dining rooms
- 2 sculleries/laundry facilities
- 2 pantries
- 2 double automated garages with additional parking for 4 cars
- Shared workroom/storage & study room under the stairs
- Heated splash pool with its own heat pump

Additional features include:

- Pre-paid electricity meters for the two sections of the house
- 2 air conditioners (one in each section)
- Alarm system with two keypads in the two sections of the house
- 4 solar panels, with 3 panels feeding into portable inverters
- Special plug-in for a generator in the garage
- Timers on all geysers
- Roller blinds on all windows
- Vinyl flooring in all living areas and bedrooms
- 2 x 5000L and 1 x 2500L water tanks with a feed into the house

The property also includes a bachelor flatlet with:

- 1 open-plan bedroom
- 1 bath/shower & toilet
- 1 kitchenette

This versatile home is perfect for Airbnb or generating additional income by renting out one section of the house and the bachelor flat, all without compromising the privacy of the main section. Seize this opportunity to view this gem – call me today to arrange a viewing.

Features

7
6
4
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
6
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
4
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
494m²
Land Size
848m²
 
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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

54,131.17

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