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R6,995,000

49 Memel Road

Monthly Bond Repayment R74,596.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,915

Opportunity knocks times three i.e live in one house, let out the other and let out the flatlet.

This character corner property has been in the same family for many years: the main cottage is charming, having large living rooms including study nook, opening to patio garden – totally private and sunny; the other half of the semi is used as a three bedroomed cottage with own entrance and parking and let out with ease; thirdly there is the flatlet which is tastefully designed with own entrance. Wooden floors throughout the homes with beamed ceilings, wooden windows and shutters. Wood burning fireplaces in both homes.

The character cottage home has open plan living rooms with a study nook and a cosy fireplace. Double doors into well established and loved garden. Upstairs is a spacious hobby room with an air conditioner [could be a bedroom]. The main bedroom is en suited and has laundry facilities. Kitchen charmingly fitted with free standing stove. Double parking under cover. Sash windows throughout with wooden shutters.
The three bedroomed cottage has open plan living rooms with gleaming wooden floors and double doors to private garden. Cottage-pane windows with shutters on the windows. Nice income supplementer. The kitchen has tiled floors, free standing stove; full shared bathroom; guest cloakroom; three bedrooms downstairs and a large wooden floored loft room upstairs – multi-use. Double parking in tandem.

The flatlet has own entrance with lounge/dining, kitchen with electric hob and extractor, granite top and Moroccan tiles; shower room and upstairs bedroom with a view over the Newlands Oval to Devil’s Peak. Bedroom upstairs also has air conditioner and double glazing. Dedicated parking off street.
This is a unique corner property and is an opportunity for developers, too, as it has GR4 Zoning.
Proximity to Cavendish is enviable and the ever-popular Localé coffee shop in Mark Road. Walk to Grove Primary and across to Kildare Road to the two Pre-Primaries and the Village Restaurants. SACS, Westerford, Sans Souci and UCT are easy to travel to.
Phone to view – a lot of Buyers ask for Dual Living and here we have Triple Living.

Features

6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
4
Exterior
Carports / Parkings
6
Sizes
Floor Size
252m²
Land Size
496m²

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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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

74,596.75

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