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R2,600,000

Monthly Bond Repayment R26,836.90
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,500

The perfect investment property in popular area

Exclusive Mandate: Prime Investment Opportunity

This unique property, set on a spacious stand, is just minutes from popular schools, the CBD, Valencia, and Valley Hyper Shopping Centre. Its peaceful, tranquil setting, combined with a rustic and extraordinary design, creates a harmonious connection with nature.

Originally designed as a main house with a separate flat, the property has been reimagined by the owner into three distinct 2-bedroom units. Each unit features its entertainment area, a double carport, and access to a shared garden, alarm system and armed reaction.

Investment Options:
1. Retain the Current Layout: Keep the three 2-bedroom units and apply to the municipality for rezoning to high-density use.
2. Restore to Original Design: Convert the property back into a main house with a separate flat, maintaining the existing zoning.

With a potential rental income of R22,000, this property offers excellent versatility and value for investors or homeowners seeking a unique opportunity.

Features

6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
6
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
1
Sizes
Floor Size
300m²
Land Size
1,840m²
Extras
Water Tanks  • Security Gate  • Electric Gate

Nelspruit Ext 2, Nelspruit

Nelspruit (CBD and All Major Extensions) Central Nelspruit is the original part of town and close to the CBD. Many of the large old properties have been granted business rights and converted for office or commercial use. There are some untouched gems in this area for the enthusiastic home flipper or property developer: large family homes sporting original features, set in wild, untamed gardens. Its wide streets...
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It's no secret that Nelspruit (Mbombela) is a desirable place to live, and with that comes a dynamic rental market. Here at Kellaprince Properties, we've picked up on an interesting trend - more people are searching for "cheap...
 
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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

26,836.90

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