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R1,949,999

162 Wellington Street

Monthly Bond Repayment R20,795.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R732

Accelerate Your Bond Repayment with Rental Income: Practical Family Home with Dual Flatlets

Seize the opportunity to expedite your bond repayment with the rental income from this practical family home, perfectly located in the desirable Goodwood suburb. This property combines functional living spaces with valuable investment potential.

Property Highlights:

Functional Living Area: The spacious lounge, complete with a practical indoor fireplace, offers a comfortable setting for everyday living. The open-plan layout flows seamlessly into a straightforward kitchen and dining area.

Comfortable Bedrooms: The home includes three well-sized bedrooms with built-in cupboards and a functional family bathroom, designed for everyday convenience.

Outdoor Space: The ample, secure yard is suitable for outdoor activities and gatherings. The property features fencing and an automated gate for enhanced privacy.

Investment Potential: Two independent flatlets, each with its own entrance, bedroom, bathroom with shower, and open-plan living area with kitchen, provide excellent rental income opportunities. Separate electric meters are installed, offering financial benefits and helping to reduce your bond repayment time.

Future Potential: Approved plans for a double-story conversion offer additional potential for growth and improvement.

Located near N1 City shopping mall, local schools, childcare facilities, sports clubs, and medical centers, with easy access to major transport routes.

This property offers a practical solution for both living and investment. Contact me today for more information or to arrange a viewing.

Features

5
3
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
3
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
3
Flatlet
2
Domestic Accommodation
1
Sizes
Floor Size
121m²
Land Size
495m²
Extras
Built In Braai • Electric Gate • Garden Flat • Fireplace • Open Plan Kitchen • Shower, Toilet and Basin
 
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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

20,795.37

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