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R2,795,000

Monthly Bond Repayment R29,806.71
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,107

Diamond in the Rough - 4-Bedroom Fixer-Upper with Pool and Income-Generating Granny Flat

Brimming with potential, this spacious 4-bedroom fixer-upper offers family-friendly features like a swimming pool, built-in braai, and a private income-generating granny flat yielding R8,000 per month. Located within walking distance to Bastion Primary, this property combines convenience with substantial investment potential.

Inside, a large lounge flows seamlessly into a dining area featuring a built-in braai, ideal for year-round entertaining. The dining area opens to an outdoor space with a pool, inviting you to transform it into your dream backyard retreat. The kitchen includes a separate scullery with plumbing, offering room for upgrades and customization.

The home's layout includes four well-sized bedrooms, with the main bedroom featuring a full ensuite bathroom. The additional bathroom, with both a shower and bathtub, ensures comfort and practicality for family needs.

Adding to its appeal, the granny flat provides a private retreat with significant rental income potential, perfect for extra revenue or extended family accommodation. A double garage and additional off-street parking for up to four cars add convenience to this well-located property.

With some TLC, this property could truly shine. It's a rare opportunity to create a personalized family haven while unlocking its full value in a prime location and in walking distance to Bastion Primary School and a creche.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Security
No
Flatlet
1
Pool
Yes
Sizes
Floor Size
220m²
Land Size
697m²
 
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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

29,806.71

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