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R1,998,000

Monthly Bond Repayment R20,623.12
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,500

Spacious Family Home with Two Flatlets – Perfect for a B&B Opportunity

This property is everything you’ve been looking for – whether it’s your dream family home or the ideal space to run as a bed-and-breakfast.

The main house boasts a generously sized kitchen, perfect for creating unforgettable family meals and memories. The lounge and dining areas are bright, spacious, and welcoming – ideal for entertaining or relaxing. Down the passage, you’ll find three well-appointed bedrooms and two modern bathrooms.

The entertainment area features a built-in braai and a sparkling pool – the perfect spot for kids to play and for hosting friends and family.

As a fantastic bonus, this property includes a spacious two-bedroom granny flat with its own entrance and a charming kitchen.

Bachelor Flat: Currently operating as a highly successful B&B, with a private entrance
It’s ideal for extended family, rental income, or adding to your B&B vision.

Additional features include a double garage and a prime location in the sought-after, secure neighborhood of Arboretum.

This is more than a home – it’s an opportunity.


Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
350m²
Land Size
960m²

Arboretum, Richards Bay

Richards Bay is a town located on the north-eastern coast of KwaZulu-Natal, South Africa. It is situated on the shores of a large natural lagoon that forms an integral part of the Mhlatuze River. It is known for its industrial activities, particularly its deepwater port, which is one of the largest coal export facilities in the world. Richards Bay is well-connected by road and rail, providing efficient...
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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

20,623.12

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