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R5,950,000

8 North Bend Lane

Monthly Bond Repayment R62,430.73
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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2 large houses on 1 erf.

Presenting this magnificent property situated in a quiet cul de sac in Dorchester Heights.

As you enter the first home be prepared to have your breath taken by the amazing view of the manicured lawns and Nahoon River. The spacious, modern open plan living area has large glass doors opening up to the front lawn which is an amazing spot to host guests. There are 2 built in braais (one undercover) and a splash pool on the patio. Continuing on inside you will be led to the large kitchen area with a separate laundry and scullery room which has a door leading to the double garage.

Downstairs offers 2 rooms, both with an en suite bathroom. Upstairs offers 3 bedrooms with built in cupboards and a full bathroom as well as an open plan lounge and kitchen.

The second home is also a double story which has 3 designated parkings. Downstairs offers an open plan kitchen, lounge and dining room leading through sliding doors to the outside entertainment area with a built-in braai. There is a bedroom with an en suite as well. Upstairs boasts 2 bedrooms with built in cupboards as well as a full bathroom.

This property is currently being run as a successful guest house and can be bought as a going concern. Financials for the last 8 years are available.

Features

9
5
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
5
Reception Rooms
6
Exterior
Garages
2
Carports / Parkings
5
Security
Yes
Flatlet
1
Pool
Yes
Views
Yes
Sizes
Land Size
1,494m²

Dorchester Heights, 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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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
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Monthly Payment

62,430.73

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