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R1,400,000

2 Olive Road

Monthly Bond Repayment R15,171.90
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,395

A Home with Endless Potential: Yours to Create

Super-sized 2030 square meter property with a dated but solid home and a 2-bedroom income generating flatlet to boot.

Sizeable 4-bedroom, 2-bathroom family home with some great upgradeable features to make this an ultimate dream home.

Set at the lower-end of a sizeable sloped below-the-road property in popular Freeland Park – this grand olde dame of a home has so much potential. Strong bones that would easily accommodate modernization.

Living area comprised of Lounge and combined dining room, Kitchen, scullery and lengthy central passage.

4 Bedrooms with tiled floors, built-in-cupboards and cooling ceiling fans.

2 full bathrooms with baths, basins, toilets and showers.

Separate garden flatlet adjacent to the garages has its own carport, small living room, kitchen, 2 bedrooms and bathroom with shower basin and loo. Ideal for Gran & Gramps, the teenagers or for additional income generating rental.

2 garages with manually operated doors, and domestic ablution potential at the rear.

Fair sized garden with mature trees

View today, buy tomorrow, roll up sleeves and BOOM – family home supreme!

Scottburgh is particularly renowned for its large surfing community. Superior waves are to be found along the coast, especially during the winter months. Popular spots include Green Point, Pennington, Kelso, Scottburgh and Rocky Bay. Many other perfect breaks along this coast can be found. Surfers and bodyboarders from around the world come for surf trips around the south coast and visit Scottburgh in particular for its worldwide surfing reputation.

However, one appeal of Scottburgh beach is its grass-covered banks leading down to sandy beaches, which have made it a popular holiday resort for holidaymakers for many years.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Flatlet
1
Sizes
Land Size
2,030m²

Freeland Park, Scottburgh

One of the most attractive and popular resorts on the KwaZulu-Natal South Coast, Scottburgh’s past is steeped in both colonial and traditional Zulu culture. During 1860, Scottburgh was the first town to be laid out south of Durban.  At the turn of the century, the shallow bay was home to a fleet of fishing vessels and was, for a time a promising harbour. Today, Scottburgh is a thriving coastal...
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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

15,171.90

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