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R1,850,000

29 Scholl Road

Monthly Bond Repayment R19,728.95
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,800

3 Bedroom House with 2 Flats in Cambridge West

Calling all Investors! Investment property with 2 Flats

This is a large property with all the units fully tenanted with a rental income of R21 000 per month. If you are an investor this is a great opportunity to make income. Situated in Cambridge West and close to shops and schools.

Main House offers: A spacious kitchen with cupboards, open plan lounge / dining room with doors opening onto a covered patio with built-in braai and walled yard. 3 bedrooms with solid wooden floors , separate toilet and bathroom. Double tunnel garage and also parking space in the front yard .The windows have burglar bars.

Flat 1: Kitchen, Lounge, Bedroom with built-in cupboards , Bathroom with shower, basin and toilet, Spare room which can be converted to office or laundry. Double carport and a private entrance and access gate. For privacy the unit is fully walled.

Flat 2: Kitchen, a spacious open plan lounge, 3 bedrooms (only main has built-in cupboards), bathroom. This home has also its own private entrance and yard with parking space for extra vehicles. There is an entertainment area with a built-in braai.

Don't miss out on this opportunity. Give me a call to arrange a viewing appointment.



Features

3
1
1
Interior
Bedrooms
3
Bathrooms
1
Exterior
Garages
1
Security
Yes
Flatlet
2
Sizes
Land Size
952m²

Cambridge West, East London

East London, also known as Buffalo City, lies between the Nahoon River in the North & the Buffalo River in the South.  It is the second largest city in the Eastern Cape & the only River Port in South Africa. The subtropical climate of the area guarantees temperate weather conditions throughout the year and that, plus the warm Indian Ocean lapping the pristine beaches, contribute to it being a sought-after...
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Bigger and better for Chas Everitt East London
There is nothing permanent except change, as the saying goes, and that is certainly true for the Chas Everitt International office in East London, which has recently changed management and moved to new premises. "We know there...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

19,728.95

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