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R2,195,000

Monthly Bond Repayment R23,031.17
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R640

7 Bedroom House For Sale in Grassy Park

Investor's Gold Mine – Spacious 7-Bedroom Property with Pool in Grassy Park

This property is a true investor's dream, situated on a large 768m² plot in a prime location. With 7 bedrooms, 5 bathrooms, and 4 kitchens, it’s ideal for generating rental income or accommodating a large family. The property is split into three separate units, offering flexibility with a 2-bedroom, 2-bedroom, and 3-bedroom main house – each with its own kitchen and bathroom.

This home offers fantastic potential, boasting a large pool, borehole, and ample secure parking for up to 8 cars. The modern 2-bedroom unit includes a gas hob kitchen, while the expansive grounds allow growth. TLC is required to unlock the full value of this property. Located opposite Klip Road Cemetery, the rental potential is high, making this an excellent addition to any investor’s portfolio.

Price Negotiable. Don’t miss out on this lucrative opportunity!

Features

7
5
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
5
Reception Rooms
2
Exterior
Carports / Parkings
8
Security
Yes
Pool
Yes
Sizes
Floor Size
126m²
Land Size
768m²

Grassy Park, Cape Town

Internationally renowned, and with its reputation even further enhanced during the 2010 World Cup, Cape Town is, and remains South Africa's premier tourist destination. And it's a given that Cape Town property will remain a hot favourite for both South African real estate investors as well as overseas investors. Cape Towns' plethora of world renowned attractions includes its stunning coastline and beaches. Table...
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Xpello: A Game-Changer for Landlords
In the challenging Western Cape property rental market, landlords need a competitive edge to protect their investments and ensure stable returns. Chas Everitt Cape Town South has partnered with Xpello to offer landlords an...
 
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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

23,031.17

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