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R2,580,000

Monthly Bond Repayment R27,513.88
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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CHARMING COTTAGE FEEL HOME WITH INCOME POTENTIAL IN PRIME LOCATION - BALMORAL

This beautiful cottage feel offers the perfect blend of comfort and style, situated in the sought-after Balmoral neighbourhood, just minutes from local schools. Move-in ready and with excellent income potential, this home is ideal for families or investors alike.
As you enter, you’re welcomed into a spacious and light-filled dining room with warm wooden floors, high ceilings with exposed beams, and a cozy fireplace, creating the perfect setting for relaxed dinners. Off to the left, the inviting lounge features terracotta-tiled floors, high wooden ceilings, and a second fireplace for those chilly evenings. French sliding doors open to an undercover entertainment area, complete with a built-in braai and a sparkling swimming pool—an ideal space for entertaining. Conveniently, this outdoor area connects directly to the kitchen for easy access during gatherings.
The kitchen is spacious and practical, offering plenty of storage. The property includes 4 generously sized bedrooms. Upstairs, the main bedroom provides a peaceful retreat with an ensuite bathroom (bath, basin, and toilet). A second full bathroom, featuring a bath, shower, basin, and toilet, serves the other rooms.
A standout feature of this property is the two separate flatlets, each equipped with a shower, basin, toilet, and kitchen—perfect for generating rental income or accommodating guests.
Additional amenities include covered parking for two vehicles, with extra parking for three more on the side of the property, as well as a water tank for added convenience.
With its mix of classic charm and modern functionality, this cottage offers a unique opportunity in a prime location.

Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
2
Flatlet
2
Pool
Yes
Sizes
Land Size
1,338m²

Top Town, Queenstown

Background and Historical Information of the Area Queenstown, officially named Komani now, is a historic town located in the Eastern Cape province of South Africa. In early 1853, under the guidance of Sir George Cathcart, Queenstown was established as a settlement, and subsequently, as a fort, bearing the name of Queen Victoria. The Eastern Cape region was a site of conflict and warfare during the 19th century...
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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

27,513.88

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