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R2,900,000

Monthly Bond Repayment R31,427.50
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,046

Home and With Income Opportunity

Located high up on the hill taking in the views below and embracing the cool breeze from under the magnificent plane trees, we bring you this exclusive Hilton Home. Set in a very sought after area in the popular Berry Hill suburb of Hilton, an expansive family home awaits. I often say “why move to the KZN Midlands and not get a view?” The answer lies in seeing for yourself. The property also gives great value as an investment property with the option of 4 rental spaces that would provide excellent ROI verified by our investment return calculator.

As an investment, this home provides the opportunity to the savvy buyer to put in 3 tenants and have the bond paid off by them. The dance studio is fully fitted with a kitchen and bathroom and requires very little as a rental opportunity. The main house with 2 kitchens and separate living areas and entrances works as 2 homes as well, and the converted domestic accommodation would even be a fourth opportunity to derive income from.

Taking photos in 34 degree heat, it was a most welcome respite to retreat to any of the outdoor entertainment areas adjoining the sparkling pool, where the cool breeze was most welcome and the temperature became bearable. This was identified by the sellers as one of the decisive benefits of this location, along with a beautiful established garden complete with a pond and great water features.

Ticking every box as far as additional spaces goes, plenty of garage, storage, external laundry and workshop space make this a must see for those wanting to retreat to the country and have absolutely everything you could require.

The home itself is cleverly divided into two distinct spaces each with lounges, kitchens and bathrooms of their own. Easy enough to reconfigure into one home or to house teenagers, adolescents or extended family members. The flooring has been upgraded with lovely laminated panels which are a pleasure underfoot in all weather conditions.

As if all the above were not enough to entice the prospective buyer, a second unit (on plan) with its own entrance, provides a handy rental income or formal office space should that be needed.

Available to view to approved buyers EXCLUSIVELY through JAWITZ Midlands.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
2
Reception Rooms
5
Studies
1
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Flatlet
2
Pool
Yes
Sizes
Floor Size
530m²
Land Size
4,053m²

Downloads

Plans .pdf0 bytes

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There are many great reasons why so many people choose the Midlands in KwaZulu-Natal to be their home. Starting with the bustling hub of KZN's capital, Pietermaritzburg and heading up into the Insta-worthy beauty of Nottingham...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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%

Monthly Payment

31,427.50

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