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R3,850,000

Monthly Bond Repayment R41,057.54
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,255.1

CALLING ALL INVESTORS - FIVE HOMES ON ONE PROPERTY!

Introducing Southfork Mews, a truly exceptional property nestled in the heart of Albany, West Riding. This unique spot offers a perfect mix of investment potential and cozy living.
It's a hidden treasure you don't want to miss out on!

Here's what the property has to offer:
- A main 3-bedroom house
- A 2-bedroom flat above the house
- Two studio flatlets
- A stand-alone 1-bedroom garden cottage

The main house, currently occupied by the owner, could be rented out for R17,000pm. Each of the other units come with prepaid meters, air conditioning, and long-standing tenants who bring in a combined income of R32,330pm.
Parking is plentiful with two garages, five covered spaces, and additional open spots for up to five vehicles. Plus, there are some great extras… starting with solar panels & a JoJo tank.

MAIN HOUSE:
The main house offers an expansive open-plan living area, seamlessly connects the dining room and the charming country-style kitchen which features a built-in five-burner gas stove, electric oven, granite countertops with a prep basin, and a separate scullery. Double French doors lead from the dining room to a covered outdoor entertainment area, perfect for hosting friends and overlooks a private garden with a covered Jacuzzi. To the right of the dining room is the spacious lounge, warmed by a cast-iron fireplace, ideal for family gatherings.
Down the passageway are three bedrooms, each with laminate flooring, built in cupboards and fans/aircon. The master bedroom is of considerable size and boasts a separate lounge/dressing area with an elegant ensuite full bathroom. Another bathroom complete with a bath and basin services the other two bedrooms. French doors open out onto a paved garden, perfect for morning coffee in sunshine.

FIRST-FLOOR FLAT:
Accessible via an external stairway, the first floor flat includes a large living area that combines the dining room and lounge, with sliding doors opening to a covered patio. The semi-open kitchen includes an electric hob and oven, granite countertops, bespoke wooden cabinetry, a double sink, and plumbing for washing machines. The main bedroom offers substantial cupboard space and features an ensuite bathroom with both a shower and a bath. A second bedroom with a Juliet balcony and its own bathroom with a shower completes this flat.

STANDALONE GARDEN COTTAGE:
The standalone one-bedroom cottage includes a spacious lounge, a bedroom with an ensuite bathroom (shower), and a kitchen. A covered patio overlooks a private garden, offering a serene retreat.

STUDIO FLATLETS:
Each of the two studio flatlets features an open-plan design, combining the kitchen, living room, and bedroom into a single space. Both studios include a bathroom with a shower.
Southfork Mews is more than just a property; it's a community, a home, and an investment opportunity all rolled into one. Come see it for yourself and discover the endless possibilities!

Features

8
7
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
4
Sizes
Floor Size
520m²
Land Size
1,832m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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%

Monthly Payment

41,057.54

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