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R860,000

Monthly Bond Repayment R8,730.97
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R1,100
Auction

INCOME GENERATOR – RUSTIC 3 BEDROOM HOUSE WITH 2 FLATS – MUNSTER

Munster, on the KZN South Coast is home to some of the most beautiful, natural and unspoiled beaches and the lush vegetation and breathtaking natural scenery make this an ideal coastal holiday destination. It is centrally located to enjoy a variety of sporting activities such as golf, running and cycling and is a birder and nature lover’s paradise.

The property we are offering for sale in the quaint village of Munster, is an income generator with the main house, flatlet and separate cottage all rented out currently.

The main house consists of 3 bedrooms, 2 bathrooms, kitchen, lounge, dining room and undercover patio area with built-in braai and a small garden. There is also an outside room which could be used as a laundry / storeroom.

The flatlet, situated below the main house (on a split level), features a lounge, two bedrooms, a kitchen and a bathroom.

There is also a separate cottage / bachelor’s flat with a bedroom, small kitchen, bathroom and undercover patio area.

The property needs some TLC and with creative vision, it could transform into an ideal holiday home or a versatile combination of both a vacation residence and a rental property. The potential is limitless.

If you want to own a piece of the un-spoilt KZN landscape, feel free to give us a call to arrange a viewing.

Matriarch Real Estate powered by Mandated Property Group (Pty)Ltd

Features

6
4
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
2
Reception Rooms
3
Exterior
Carports / Parkings
6
Flatlet
2
Sizes
Land Size
1,565m²
 
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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

8,730.97

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