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R1,749,000

Monthly Bond Repayment R18,651.85
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,246

Investors Dream In Farningham Ridge

This great investment exists with this home situated in the heart of Farningham Ridge and Moseley Park. Offering three homes for the price of one which can easily be rented out from an investment generating property. The main house can be occupied by the owner and the flatlets can be rented out to subsidize the bond as a secondary option.

The main home offers four spacious bedrooms all fully fitted with built in cupboards and ample room for additional studies or walk in closet. The rooms are fully tiled allowing for low maintenance. There is a main ensuite in the master bedroom and a common bath and toilet for added comfort.

There is a separate dining area and a spacious lounge or TV room for the extended family. This home is currently being utilized as offices as well.

The kitchen is fully fitted with granite tops and supawood doors. There is enough room for more built in cupboards to suit the avid home owner.

The home has two spacious flatlets of which each has a separate bedroom, lounge and kitchenette. They have their own private entrance and does nit interfere with the main building.

The home also has invertors to help with loadshedding for added benefit. The land is level and situated on a pan handle site. It is completely fenced and gated for added security.

The home is situated within a short distance to Benjamin Pine Primary School and the neighborhood also has a phenomenal neighborhood watch for added security.

The home needs to truly be on your viewing list.

Contact Tracy Maharaj now to view.

Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
2
Domestic Accommodation
1
Views
Yes
Sizes
Land Size
1,462m²

In the news

Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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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

18,651.85

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