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R3,500,000

1852 (18) Peak Road

Monthly Bond Repayment R37,325.04
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R700

PRIME INVESTMENT OPPORTUNITY FOR THE VISIONARY

MAKE EACH DAY YOUR MASTERPIECE - JOHN WOODEN
A prime investment opportunity in the heart of Pringle Bay! This 40-year-old house, situated on a generous 3503 square metre plot, offers immense potential for those with a vision for renovation and development.
Located in a highly sought-after area with close proximity to the CBD, this property is perfect for those looking to create their dream home or capitalize on its development potential.

While the house itself requires renovation and modernizing, it offers a good base to work from with some cottage charm. The location makes it a valuable asset. Imagine transforming this property into a modern oasis or a profitable development project, all while enjoying the benefits of a central and convenient location.
Don’t miss out on this rare chance to invest in a property with endless possibilities in the beautiful Pringle Bay.

Features

2
1
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Reception Rooms
1
Exterior
Garages
1
Views
Yes
Sizes
Floor Size
120m²
Land Size
3,503m²

Pringle Bay, Pringle Bay

Pringle Bay is a small coastal hamlet nestled under the Hangklip Mountain and forms part of a UNESCO Heritage Site known as the Kogelberg Biosphere Reserve. Situated between Gordon's Bay and Betty's Bay in the Western Cape's Overberg region, Pringle Bay's heritage dates back to the Stone Age when nomadic tribes roamed the rugged mountains and coastline. The Hangklip (hanging rock) Mountain is situated 484m above sea...
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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

37,325.04

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