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R1,350,000

Monthly Bond Repayment R13,027.79
Calculated over 20 years at 10% with no deposit. Change Assumptions

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Monthly Rates
R450

Investors Dream 4 rentals in 1!!! Foresthaven Drive - Ingwe Estates

Investors Dream 4 rentals in 1!!! Foresthaven Drive. This very sought after home is situated on a main road in Phoenix. It has 3 income generating properties as well as a double garage which can be rented out to a business on the main road of Foresthaven Drive. The 2 bedroom duplex that is fully done up is ideal to live in while the 2 outbuildings, with the option of existing tenants in place, will be ideal as a secondary income. Main Building: Spacious lounge with imported wooden flooring and air conditioning. A fully fitted kitchen with alot of designer wrapped cupboards and granite counter tops. Venetian style ceramic wall tiles from the lounge through to the stairways as well as a special designed ceiling. There are built in cupboards and tiles in both bedrooms as well as an air conditioner in the main bedroom. There is a fully tiled and well maintained bathroom with a toilet, basin and bath tub. 1st Outbuilding: This outbuilding has a spacious open plan, fully tiled lounge and dining room. A kitchenette with built in cupboards. 1 x large bedroom which can fit 2 x double beds easily. It has a neat toilet, basin and shower for those on the go. 2nd Outbuilding: This is a fully tiled, large open plan lounge and bedroom as well as a small kitchenette with built in cupboards. It also has a very tidy toilet, basin and shower. This well maintained, fully walled property also boasts a double garage with electric roll up doors as well as extra sheltered parking for 2 cars, and neat small garden areas throughout the property. Full rental potential with the perfectly positioned double garage (ideal to let out for a small business) is up to R15 000.00 per month Call me now to view this hot property!!!

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Exterior
Garages
1
Security
No
Sizes
Floor Size
135m²

Forest Haven, Phoenix

Phoenix  was established in 1976 and is situated 20km northwest of central Durban. It is said to be one of the oldest Indian settlements in South Africa.  The Phoenix Settlement is a South African Heritage site, marking the place Gandhi developed his philosophy of passive resistance that was to eventually free his homeland of India from British colonial rule. The strength in community is evident in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Ingwe Property Group website is accurate and up to date, Ingwe 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
Vat @ 15%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 15%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

13,027.79

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