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R1,875,000

71 Geranium Place

Monthly Bond Repayment R19,995.56
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,600

Three Bedroom House With 2 Flats For Sale In Veld Vlei

Great Investment Opportunity for Student Accommodation in Veld en Vlei, Richards Bay

This versatile property offers excellent potential for student housing or multi-family living.

The main house features an open-plan layout, seamlessly combining the kitchen, dining, and lounge areas, creating a spacious and inviting atmosphere.

With 3 well-sized bedrooms and a full bathroom, it provides comfortable living for its occupants.
Additionally, the property includes two separate flats, each designed with student accommodation in mind. Each flat boasts 2 bedrooms, an open-plan kitchen, dining, and lounge area, offering a cozy and functional living space.

For parking, the property is well-equipped with a double garage and a double carport, ensuring ample space for vehicles.

Located in a prime area, this property is perfectly situated to cater to the needs of students, with easy access to local amenities and transportation.

Invest in this property today and take advantage of the growing demand for student accommodation in Richards Bay.

Features

3
1
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
2
Sizes
Floor Size
292m²
Land Size
949m²

Veld En Vlei, 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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R
R

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

19,995.56

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