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R2,500,000

Monthly Bond Repayment R27,092.68
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R860

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Six bedroomed-house with a good rental income (or rather, 2x 2 and 1x 3-bedroom units FOR SALE)
This property has a lovely established garden with many trees & scrubs, enough water and enough accommodation for the extended family. The land is 2974m2 and the house plus the 2 flats are +-364m2
Beautiful mountain views1
Imagine what you can do with this property!
MAIN HOUSE:
3 bedrooms, 1 bathroom
Dining and living area
Lounge
Braai area is +-42m2
Garage for 6 vehicles, 2 carports and store room
FLAT 1:
2 bedrooms, 1 bathroom
Living area and kitchen
Separate laundry
Carport
FLAT 2:
2 bedrooms, 1 bathroom
Open plan kitchen and living area
Outside toilet
Carport and store room
The garden is established and actually beautiful. The building need TLC, but you can do so musch with this property. The monthly income at this stage is R16,500 p.m. Not too shabby!

Lady Grey is a small rural village town at the southern foot of the majestic Witteberg mountains and borders Lesotho on the other side. It was established during 1856/57 by the Dutch Reformed Church and is a beautiful, tranquil and serene town with fresh air and clean water.
The well-known Arts Academy, a combined primary and secondary school forms part of the town. At the Arts Academy students can live out their dream and passion for preforming arts, visual arts and music. The PASSION PLAY during Easter is one of their annually highlights.
The Hospital is fully operated with 7 doctors at this stage as well as a private dr visiting the town on Fridays.
The farming community is quite big and most of the families live in the district for generations. The town was established during 1857
Lady Grey is a friendly town and the community prides themselves a “litter-free”, neat and friendly environment.
Lady Grey is also well known for its tourist attractions such as fly-fishing, bird watching, hunting, star gazers, walking trials as well as to be in the beautiful nature. Nearby attractions are Tiffeldale Ski-resort, Barkly-East and Aliwal-North with its hot springs.
For the visioner, this is the way to go.

Features

3
1
6
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
6
Carports / Parkings
6
Security
Yes
Flatlet
2
Domestic Accommodation
1
Sizes
Floor Size
346m²
Land Size
2,974m²
Extras
Accommodation • Above Road • Burglar Bars • Garden • Garden Flat
 
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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

27,092.68

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