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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
R1,200

Exciting Investment opportunity

EXCLUSIVE SOLE MANDATE

Welcome to this promising property nestled in the thriving location of Thembalethu! This residence offers a lucrative business opportunity, boasting six rentable rooms alongside a comfortable main house for personal living.

Situated amidst the exciting growth and new developments, the property stands as a prime investment. The introduction of the new Go George bus line adds immense convenience for tenants, facilitating seamless travel for those without personal vehicles. This accessibility enhances the property's appeal, catering to a diverse range of potential occupants seeking hassle-free commuting options.

While emphasizing ease of transportation, the property also ensures practicality with parking availability for 2-3 cars. This feature adds value, accommodating residents' vehicles and ensuring their convenience and security.

The main house exudes comfort and privacy, providing a serene dwelling space. Meanwhile, the six additional rooms offer an excellent income-generating opportunity, appealing to renters seeking affordable and accessible accommodations within a rapidly evolving area.
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Features

7
3
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Flatlet
6
Sizes
Floor Size
142m²
Land Size
256m²
Extras
Accommodation • Below Road • Bath Toiletand Basin • Blinds • Cottage Style • Security Gate

Thembalethu, George

George, situated in South Africa's Western Cape, graces the picturesque Garden Route along the coastline. Renowned for its splendid golf courses, the city also boasts the esteemed George Museum and the captivating Garden Route Botanical Garden which features trails and local fynbos plants. George is a family-friendly area with various property types and is the perfect place to set roots for those looking to live a...
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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

R Detail your income

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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