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R2,550,000

Monthly Bond Repayment R27,634.53
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Introducing a remarkable investment opportunity in Manaba!

This expansive freestanding property boasts five fully rented units, ensuring a consistent and attractive return on investment. Situated in a central location, mere steps away from shops, amenities, and the beach, it offers unparalleled convenience for both tenants and future owners. While it may require a bit of tender loving care, the potential for a lucrative investment is undeniable.

This property features a refreshing pool, providing a perfect retreat for tenants on hot summer days. What's more, it offers two entrances with gates on separate roads, enhancing accessibility and security.

Let's delve into each unit:

Unit 1 welcomes you with a charming enclosed patio, leading into a spacious kitchen and lounge area. Additionally, it offers a large room that could serve as an entertainment area or an extra bedroom, along with a convenient laundry and guest toilet.

Unit 2 impresses with its generous size, potentially accommodating three bedrooms. It features a well-appointed kitchen, dining area, and lounge—all tastefully tiled throughout.

Unit 3 mirrors the spaciousness of Unit 2, boasting what could easily be three bedrooms. With its tiled floors and ample living space, it offers comfort and functionality, along with the added bonus of a sea view.

Unit 4 presents a cozy yet practical layout, comprising three bedrooms, a lounge, dining area, kitchen, and an inviting enclosed patio.

Unit 5 charms with its inviting enclosed patio, spacious kitchen, dining area, and two comfortable bedrooms, accompanied by a well-appointed bathroom.

This property truly needs to be seen to be fully appreciated. Don't miss out on this incredible opportunity to invest in a versatile and income-generating property in the heart of Manaba. Schedule a viewing today and unlock the full potential of this gem!

Features

12
7
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
7
Kitchens
5
Reception Rooms
10
Exterior
Carports / Parkings
5
Flatlet
5
Pool
Yes
Sizes
Land Size
1,974m²
 
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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

27,634.53

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