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R1,449,000

Monthly Bond Repayment R15,452.57
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,100

🏡 Income Generating Property - 3 bed 2 Bath Family home in Shelly Beach with 2 flats

Discover the perfect blend of comfort and opportunity with this income-generating property in the sought-after locale of Shelly Beach. Boasting 3 bedrooms, 2 full bathrooms, PLUS 2 studio granny flats, this residence offers an ideal setting for both living and income generating..

Nestled in a charming face brick structure, this family home features a garage and spacious garden area, providing ample parking and potential for additional development. Upon entry, you'll be greeted by a bright open-plan lounge and dining area leading seamlessly into the kitchen, creating a welcoming atmosphere for gatherings.

The living space extends outdoors to a covered patio, offering an ideal spot to unwind on balmy evenings. Inside, three well-appointed bedrooms await, including a main bedroom with a walk-in closet and en-suite bathroom. The home offers two bathrooms that both feature bath tubs, showers, toilets, and basins, ensuring convenience and comfort.

Adding versatility to the property are two separate granny flats, each equipped with its own amenities, offering potential rental income or accommodation options for extended family.

Conveniently located just a short drive from Shelly Center and the beach, this residence promises a lifestyle of ease and accessibility. With its appealing features and prime location, this property is sure to attract keen interest. Don't miss out – schedule your viewing appointment today!

Features

5
4
1
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
5
Flatlet
2
Extras
Above Road • Bachelor Studio • Bath, Toilet and Basin • Covered Patio • Curtain Rails • Driveway • Fenced • Flatlet • Freestanding

In the news

🌊 Join Us for a Beach Cleanup Day! 🌊
Call Gert 0844109242 for more info 🗓 Date: Saturday, 21st September 2024 📍 Where: 1 Bank Street, Margate ⏰ Time: 8:30 for 9 AM (2 hours) Let's come together to keep our beautiful coastline pristine! Grab your...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

15,452.57

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