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R740,000

Monthly Bond Repayment R7,891.58
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R980

"Diamond in the Rough: Renovation Opportunity in Palm Beach"

PRICE REDUCTION ON 28 AUGUST 2024

New Listing: 17 July 2024 - No Transfer Duty

If you're seeking a rewarding fixer-upper renovation project, you've found the ideal opportunity. This charming home, brimming with potential, awaits your creative touch to restore it to its former splendor.

Nestled in a peaceful area of Palm Beach, just off the main marine road, this property features a spacious layout with possibilities galore. The main structure offers 3 bedrooms, or optionally 2 bedrooms plus a study or dining room. The open-plan lounge and kitchen flow seamlessly, complemented by a delightful long patio stretching the length of the house. The main bedroom boasts an en-suite bathroom, with an additional guest bathroom for convenience.

Enhancing its appeal, you'll find a double garage with an extended carport, all enclosed by precast walls and fencing. The driveway gate requires a motor, which is a small task compared to the potential transformation that awaits. Security upgrades are easily implemented to suit your preferences, ensuring peace of mind.

For those concerned about water supply, a water tank is already installed, addressing any local water challenges effectively. Note that the swimming pool and a small water tank are movable features and not included in the sale. Furthermore, approved plans for a log cabin on the property offer additional future potential. Also in place are approved plans of the house.

Property is being sold "Voetstoets" We invite you to explore this blank canvas of opportunity and eagerly anticipate arranging a viewing to unveil its full potential for you.

Don't miss out on this opportunity, contact Real and Proper T today for further details as well as to arrange a viewing.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
2
Carports / Parkings
4
Pool
Yes
Sizes
Land Size
1,360m²
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,891.58

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