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R2,250,000

Monthly Bond Repayment R24,383.41
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Income-Generating Freestanding Property with Investment Potential in Manaba

Nestled in the charming neighborhood of Manaba, this expansive freestanding property presents an enticing opportunity for investors seeking lucrative returns through rental income.

The main house, although spacious, requires some tender loving care to restore its full potential. Situated on a generous plot of land, the property boasts a massive yard and an impressive six garages, providing ample space for parking and storage.

In addition to the main house, the property features two separate flats, each offering rental potential. The first flat comprises a comfortable one-bedroom layout with a kitchen and lounge area, ready to accommodate tenants seeking cozy living quarters.

While the second flat requires some attention in terms of TLC and cleaning, it presents an excellent opportunity for renovation and enhancement, adding further value to the property.

With its prime location and potential for rental income, this property is a promising investment opportunity awaiting the right buyer. With a little TLC and investment, it has the potential to yield significant returns and become a lucrative asset in your portfolio.

Don't miss out on the chance to capitalize on this investment opportunity in Manaba. Schedule a viewing today to explore the possibilities and unlock the full potential of this property.

Contact us now to arrange a viewing and take the first step towards securing this promising investment opportunity.

Features

4
6
6
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
6
Kitchens
1
Reception Rooms
3
Exterior
Garages
6
Carports / Parkings
2
Flatlet
1
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

24,383.41

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