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R1,250,000

Monthly Bond Repayment R13,115.70
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Fixer-Upper with Cottage on Spacious Stand

This charming freestanding home offers an exceptional renovation opportunity on a generous stand, ideally suited for someone with a vision to restore and enhance.

With original character and a unique layout, the property includes a main house with three bedrooms and ample living space, as well as a newly built, tenanted cottage.

Part of a deceased estate, this property is ready to be transformed into a family oasis.

Main Features:

Main House

Bedrooms: 3 spacious bedrooms offering ample natural light

Bathrooms: 2 bathrooms (main en-suite), with room for modernization

Living Spaces: A generous lounge area with potential for an open-plan layout

Dining Room: Separate dining room, ideal for family gatherings

Kitchen: Kitchen space ready for renovation, with scope for updated cabinetry and modern appliances

Office Space: Ideal for remote work or a study

Outdoor Spaces

Front Garden: Lush front garden, perfect for landscaping enthusiasts

Swimming Pool: Large pool in the backyard, requiring some TLC but holding promise for a beautiful outdoor retreat

Cottage:
Bedrooms: 2 bedrooms
Bathrooms: 2 bathrooms with modern finishes
Tenant Occupied: Currently generating rental income, making it a great asset for additional revenue

Additional Information:

Condition: This property is part of a deceased estate and needs work. It’s perfect for those who are not afraid to roll up their sleeves and invest in creating a personalized, stylish home.

Ideal Buyer: Suited to buyers with a passion for renovating and upgrading, whether to live in, flip, or increase its rental yield.

Why You’ll Love It: The substantial size of the property, coupled with its flexible living spaces and income-generating cottage, offers incredible potential.
The large stand provides ample space for outdoor entertaining and family gatherings, while the main house and cottage are set back for added privacy.

Once completed, this home will be a true sanctuary, blending the charm of an established property with your own personal touches.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
2
Flatlet
1
Sizes
Land Size
1,178m²
 
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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

13,115.70

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