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R1,700,000

Monthly Bond Repayment R18,423.02
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,314

Introducing a spacious 5-bedroom, 3-bathroom property nestled in Fish Eagle Bend, Malelane.

EXCLUISVE MANDATE!

This property offers an abundance of potential for those willing to roll up their sleeves and invest some TLC.

Upon entering, you'll find a well-structured layout. To the left, there's a generously sized kitchen. To the right, a sprawling lounge area opens up, offering space for relaxation and gatherings. Adjoining the lounge are three bedrooms, each offering comfort and privacy.
A small passage on the left leads to the fourth bedroom, which comes with its own separate bathroom equipped with a shower, basin, and toilet. Moving forward, you'll discover the spacious main bedroom, featuring an en-suite bathroom, space for a small sitting area, a walk-in cupboard, and built-in wardrobes.

Continuing through the kitchen, you'll find another sizable room, which could serve as a second lounge or potentially be converted into a bachelor's flat. An additional bathroom, complete with a shower, toilet, and basin, has already been installed.

The property's exterior boasts paved areas and is enclosed by a high wall, ensuring privacy and security. Two carports provide shelter for at least three vehicles and offer extra storage options.

Although the property requires some attention and renovation, its potential should not be underestimated. Given the high demand for rental units in the Malelane area, this property can easily be transformed into two or even three smaller apartments for rental purposes, making it a practical investment opportunity.

This property represents a canvas for those with a vision, offering endless possibilities in the thriving town of Malelane. With some love and effort, it has the potential to become a valuable asset in the local real estate market.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
3
Exterior
Carports / Parkings
5
Sizes
Land Size
690m²
Extras
Access Gate  • Fence • Paving • Pets Allowed • Walk-in Closet • Patio • Steel Windows

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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

18,423.02

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