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R1,690,000

Monthly Bond Repayment R18,314.65
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,130

Explore the Vast Investment Opportunity that this Prime Property offers !

Welcome to this enchanting Victorian home with an abundance of character and expansive acreage, strategically situated within walking distance to the heart of the town, essential amenities, and the esteemed EC Midland College. Boasting immense potential, this property is a perfect fit for both student accommodation and family rentals.

The Victorian charm of this property exudes a timeless allure, while its spaciousness and unique features make it a rare find. Currently, the property offers 3 separate units, 2 consisting of two bedrooms, 1 consisting of 1 bedroom and all with well-appointed kitchenettes, inviting lounge /dining areas, and generously-sized bathrooms complete with showers, toilets, hand basins, and convenient spaces for washing machines.

Beyond the existing living spaces, the vast acreage of the property opens up a world of possibilities for further development. The property is completely enclosed with two sliding gates for easy access to either side of the property. With its size and potential, the property invites creative ideas for expansion, allowing for a range of opportunities limited only by your imagination.

Imagine the convenience of residing within walking distance to the town's center and other convenience centers . Additionally, the close proximity to EC Midland College makes this property an excellent investment for students seeking a comfortable, accessible place to call home during their academic journey.

For investors or individuals seeking a unique property with boundless potential, this Victorian home offers an enticing prospect. Whether you're considering student accommodation or family rentals, this charming residence, combined with its vast acreage, is sure to captivate your imagination. Embrace the opportunity to create something extraordinary in this prime location. Don't miss out on this chance to turn dreams into reality!
Contact me today to explore the endless possibilities this property has to offer.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
3
Reception Rooms
6
Exterior
Carports / Parkings
2
Sizes
Land Size
2,231m²
 
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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

18,314.65

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