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R2,799,500

73 Merriman Street

Monthly Bond Repayment R30,338.38
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

Charming and Modern Family Home on a large stand Re-zoned for small Sectional Title Development

I am proud to present to you this exquisitely renovated gem nestled in George South that combines a perfect blend of contemporary design, luxury and space on a large stand that has already been re-zoned for Small Sectional Development (an ideal investment opportunity).

The property comprises of a main home and the re-zoned area offers the potential of developing two separate units of 120sqm and 100sqm (each with a single garage) which you can either re-sell or rent out.

Upon entering this cosy sun lit haven, you will be greeted by the open plan living/dining/kitchen area that seamlessly blend with the modern amenities and stylish finishes. The open-concept layout creates an inviting atmosphere and boasts a wood burning fireplace… perfect for snuggling under a soft blanket whilst reading one of your favorite books.

The gourmet kitchen is surely the heart of the home, a definite chef’s delight. It offers an abundance of cupboard and workspace, a 5 burner gas stove, electric oven and a breakfast nook. The clever and practical design presents space for a double door fridge/freezer, laundry appliances and dishwasher.

Double doors lead from both the dining room and kitchen area into a beautiful manicured garden, providing the perfect area where your children can play with their furry friends. The doors at the kitchen opens to a private undercover patio that offer scenic views of the Outeniqua Mountains and the serene atmosphere of the surrounding area.

The home also features 3 spacious bedrooms with built in cupboards (one master with an en-suite bathroom whilst the other 2 share a bathroom) and a work from home office/study.

The single garage provides secure parking for your vehicle and there is ample parking space for visiting friends and family.

Enjoy blissful living in this beautiful home that couples openness and wide-open spaces - it oozes character, style and atmosphere.

Special Note:-

With the convenience of the home located on one of the main bus routes, the combination of the renovated home and the potential to build 2 more units, the property provides investors with various options.

The property is registered in a PTY, not VAT registered - should the purchaser want to take it over, a change of directors and shareholders can be done.

Draft site plan shown on listing

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
153m²
Land Size
951m²
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

30,338.38

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