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R800,000

Monthly Bond Repayment R8,257.51
Calculated over 20 years at 11% with no deposit. Change Assumptions

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2 Bedroom House For Sale in Mount Michael

Investment delight, Live in one, rent out the other
Offering an expansive area of cultivated land boasting very well shaded areas to enjoy. However, that is not the best of it, the property has two buildings on it and currently both are rented out. Achieving R 11,200.00 pm in rental, which will more than cover a bond of R 8 257.00. Both units have pre-paid electricity meters on, and the water is shared.

Both units have covered parking space ( the 2 bedroomed unit has a double carport) plus both have a shed each, there is a shared driveway with remote access ( it is shared with the owner of number 20 who is the owner of this plot, who is selling the top half off.

Each unit is fenced and then the entire area of the two plots is fenced off too.

So, if you are looking for peace and quiet country living, with an opportunity to achieve a lot of your bond paid for, then this is the spot for you.

Call me, let’s explore the opportunity.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Security
Yes
Sizes
Land Size
4,000m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Natal Property Consultants website is accurate and up to date, Natal Property Consultants 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.

R
R

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

8,257.51

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