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R1,499,000

Monthly Bond Repayment R16,244.77
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,100

3 BEDROOM HOME WITH 2 GRANNY FLATLET FOR SALE IN FARNINGHAM RIDGE

Introducing an unprecedented property investment in the heart of Pinetown! Perfect for investors seeking a profitable asset or large families yearning for a satisfying blend of comfort and generational living. This bountiful property is worth every Rand and is ready to open doors to your prosperous future.

Nestled in the serene neighborhood of Farningham Ridge, this grand 6-bedroom abode boasts 3 spacious rooms in the main house and 2 separate granny flats – one with 2 large rooms and the other a cosy 1-bedroom. This vibrant setup lends itself to a potential rental income of R24 000 per month if all units are rented out; main house at R13 000 and R11 000 collectively for the flats. It’s a ready-made rental empire awaiting its new owner!

Each unit is fitted with a well-equipped kitchen and modern bathroom, delivering a contemporary touch to the homely atmosphere. The sprawling garden offers ample space for extensions, be it an additional granny flat or a refreshing family pool.

The property is wonderfully pet-friendly, making it a charming haven for all animal lovers. The vast garden is a dream playground for pets of all shapes and sizes. Moreover, this magnanimous property can comfortably house 6 cars, making it an excellent choice for a family with multiple vehicles or an investor planning to rent to tenants with cars.

Take advantage of the proximity to amenities such as the Pine Crest Shopping Centre, well-renowned schools like Pinetown Boys' and Girls' High Schools, and the beautiful Farningham Ridge Park. Engage in the rich culture and community spirit of Pinetown, a city known for its gorgeous greenery and vibrant cultural events.

This picturesque Pinetown property truly is a crown jewel for both investors seeking stable income and extended families seeking a haven of comfort and convenience.

Call to action: So, are you ready to establish yourself as a property mogul or settle your large family in this spacious Pinetown gem? Let's make this property yours today!

A world of opportunities awaits you. Remember, a property with this potential won't stay on the market for long!

Hurry and claim your piece of Pinetown paradise now!

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Land Size
1,176m²
 
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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

16,244.77

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