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R2,995,000

Monthly Bond Repayment R30,914.04
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R4,841

10 Bedroom House For Sale in Boughton

BEHIND THESE WALLS IS A SURPRISE AT EVERY CORNER BOASTING A LARGE SEVEN BEDROOMED HOME, EACH WITH EN SUITES PLUS THERE IS MORE TO SHOW. IT’S A LARGE PROPERTY. TWO HOMES ON ONE.

Yes, there is more to this listing, besides the large home. Added to the value of this listing is also a three bedroomed stand-alone home with two bathrooms, open plan living area, separate from the large main residence suites. The main house is currently run with four bedrooms with en suites that are rented out on a permanent basis plus the family space has three bedrooms, also with en suites.
However, there are more PLUS ADDITIONS at the main house:
1. There is a Generator that just needs to be switched over when needed
2 The current family uses one side of this U-shaped home, and the rest is rented out giving a passive income of 17 000.00 with two en suite waiting for people to occupy or use for your own guests.
3. Upstairs is the fully equipped laundry room PLUS reception rooms
4. The kitchen comes fully equipped so you can conjure up delicious meals.
5. Special lights have been put up around the property to ensure the safety of the entire residents
6. Added enjoyment for the resident family are the relaxing dining rooms and lounges.
7. Rooms placed around the pool enjoy easy access to this area and has been set up for enjoyment for everyone.
8. Ample parking in and outside of this property which is in a peaceful cul de sac of Boughton with great access to the city and schools in the area.
9. WIFI has been installed for the benefit of the family.
10. Solar panels, Jojo tank, back up battery/inverter, gas geyser.
So, if you are looking for an opportunity to grow your hospitality empire, this is the one to look at. The demand for warm and welcoming home from home accommodation is on the rise in the City of Choice and this offers exactly that with growth in place too with very little effort. This is really a rare chance at living in with your family, enjoy passive income, and rent out the second house. It will make an unrivalled opportunity for the savvy investor to elevate their life into Landlord income under one roof.
Call either one of the listing agents to engage an appointment to view . View this large property with the agents and make a serious offer to the Seller. There is a lot to see.

Features

10
9
4
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9
Kitchens
2
Reception Rooms
7
Studies
1
Exterior
Garages
4
Carports / Parkings
3
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,925m²

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Interest Rate Reduction
Today The Reserve Bank cut the interest rate by a full 100 basis points, which in turn will result in the Prime Interest Rate for Home Loans dropping from 9,75% to 8,75%. In order to give you a quick idea as to the Nett saving...
 
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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

30,914.04

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