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R1,551,000

Monthly Bond Repayment R16,273.96
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Charming Thatched roof home with 4 flats

Charming Thatched Roof Home with Four Income-Generating Flats

Nestled in a sought-after area, this exquisite thatched-roof home combines the allure of traditional charm with modern amenities, offering the perfect family residence with the added benefit of four private income-generating flatlets.

Main House Features:

Klinker & Thatch Construction: A beautifully maintained home with low-maintenance klinker brick and newly refurbished grass roof (Grasdak).
Spacious Living Areas: Welcoming entrance, open-plan lounge and dining areas seamlessly flowing into the modern, compact kitchen.
Office/Study Area: A generous workspace adjacent to the living room, with a door leading to the outdoors.
Upstairs Master Suite: A private retreat with two balconies, offering serene outdoor space. The en-suite bathroom is spacious, featuring a bath, shower, toilet, and washbasin. A l walk-in closet completes this luxurious space.
Downstairs Bedrooms: Two large, en-suite bedrooms, one of which requires completion of the bathroom.
Potential for Expansion: The existing double garage can easily be converted into a spacious master bedroom with an en-suite bathroom, as it was previously part of a third garage.
Outdoor Entertaining: Enjoy an outdoor area with a braai, perfect for social gatherings.

Additional Features:

Low Maintenance Klinker Exterior: Long-lasting and beautiful.
New thatched Roof: Recently replaced, ensuring durability and aesthetic appeal.
Air Conditioning: Two units (one upstairs in the master bedroom, one downstairs).
Water Borehole: Fully equipped and tested for human use.
Gas Geyser & tank and Water Pump: Ensuring constant hot water and pressure.
Security & Comfort: Beams, alarm system (Securisolve).
Aluminium Window Frames: Modern and durable.
Irrigation System: Keeps the garden lush and vibrant.
Parking & Storage: Carport for two vehicles, and a large storeroom with an additional garage for extra space.

Four Income-Producing Flats:

Four separate flats, each with its own private entrance, ensuring tenant privacy and security.

Flats currently share electricity with the main house.

This property offers versatility, comfort, and income potential, making it an ideal investment for those seeking both a family home and rental income. Don’t miss the opportunity to own this remarkable property – book a viewing today!

Features

4
4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
3
Carports / Parkings
4
Security
Yes
Flatlet
4
Domestic Accommodation
1
Sizes
Land Size
5,710m²
 
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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

16,273.96

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