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R1,030,000

Monthly Bond Repayment R10,984.23
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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4 Bedroom House For Sale in Erasmus

Prime Investment Opportunity in Erasmus CBD – Versatile Property with Rental Potential

Seize this rare chance to own a centrally located property in the heart of Erasmus CBD! This property is an ideal fit for the savvy businessman seeking a business premises or the keen investor looking to generate rental income. While it does require renovations, the potential here is immense.

The main house offers an open-plan layout, combining the lounge, dining room, and kitchen for a spacious feel. It includes three comfortable bedrooms and two bathrooms. Flatlet 1 can be easily incorporated into the main house, providing a one-bedroom suite with its own kitchen, lounge, and bathroom. Flatlets 2 and 3 are two bachelor units offering additional rental possibilities, though they need renovation. You also get domestic quarters that is also attached to the house.

Additional amenities include a spacious yard with potential for further development, along with two garages and a carport for ample parking. Its prime location offers easy access to local amenities, transport routes, and business hubs. Don't wait to call me for a viewing!!

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
3
Domestic Accommodation
1
Sizes
Land Size
1,276m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

10,984.23

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