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R650,000

Monthly Bond Repayment R7,044.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R460

Investment and restoration opportunity in the Karoo!

Meet the demand for accommodation in an area where a wind farm is being established
This small Karoo cottage in Steytlerville has a big heart with lots of character! Situated on the corner of the street she embodies the memories of a bygone era and is a perfect investment opportunity for investors who would like to benefit from the demand for temporary or permanent accommodation in a region where a very big windfarm is being erected and the supply of rental accommodation is limited.
Her foundation is sound but her body needs some TLC, however, her beautiful wooden doors and floors are sealed and are good to go for another few seasons
This 4 bedroom home also meets the needs of a retired couple who would like to garden and may need extra space for a hobby or two and for whom the 2 double garages and a large underground water storage tank are hugely beneficial. The spacious yard is lined with huge well-established trees that offer privacy from the street
With a spacious open-plan kitchen that can accommodate a dining area as well, this home is perfectly poised to make memories or bring profitable returns.
There is one bathroom with a toilet, but there’s sufficient space to add two en-suite bathrooms.
The very efficient security features on all the windows and doors add to the safe environment.
What a wonderful opportunity to invest in a safe and quiet Karoo town!

Features

3
1
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Studies
1
Exterior
Garages
2
Sizes
Land Size
1,988m²
Extras
Wooden Floors • Blinds • Built in Wardrobes • Water Tanks • Security Gate • Burglar Bars
 
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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

7,044.10

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