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R1,879,000

Monthly Bond Repayment R20,038.21
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

"Investment Opportunity in Veldenvlei!

"Investment Opportunity in Veldenvlei!

Don't miss this incredible chance to own a lucrative investment property in Veldenvlei, offering:

- A spacious 3-bedroom house with:
- Kitchen
- Dining area
- Lounge
- Double garage
- Plus, two additional flats for rental income potential!

This property is perfect for savvy investors looking to generate passive income. The two flats offer a great opportunity to earn rental yields, while the main house provides a comfortable living space.

Features:

- Prime location in Veldenvlei
- Income-generating potential through two flats
- Spacious main house with ample parking
- Great investment opportunity for long-term wealth growth

Call today to schedule a viewing and take advantage of this fantastic investment chance!"

Features

3
1
2
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
2
Sizes
Land Size
949m²

Veld En Vlei, Richards Bay

Richards Bay is a harbour town in KwaZulu-Natal’s Zululand, situated just 1 hour and 45 minutes from Durban Central. It houses one of the country's largest harbours and is the largest coal export facility in the world. The town started off as a makeshift harbour in 1879 and today it is a fully functional deep water harbour.  It is Zululand’s biggest and wealthiest city and this can be...
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In the news

Richards Bay favours both buyers and sellers
The residential property market in Richards Bay has shown steady growth since 2013 despite a volatile national economy, defined by increasing inflation rates, high unemployment and lacklustre GDP growth, which according to latest...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

20,038.21

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