Monthly Bond Repayment R36,126.59
Calculated over 20 years at 11% with no deposit.
Web Ref No RL4885
A Retirement or Investment property
This property has five income producing cottages with a separate main house. The main house is the only thatch roof with fabulous double volume in the large open plan living area. The space is enough for a huge kitchen with gas stove , large lounge suite, study area and 8 seater dining room table, with an outdoor patio. The main bedroom is en-suite. A second guest bedroom and a loft room which could be used as a bedroom or a workroom share the ensuite bathroom through a separate guest entrance.
The cottages all have their own enclosed garden and private entrances, although one can be accessed from its connection to the main house and would add a granny flat if incorporated.
The cottages are teanted and bring in the following income:
Unit 1, three bedrooms - R8200 Unit 2, one bedroom - R5500 Unit 3, two bedrooms - R5600 Unit 4, one bedroom - R5350 Unit 5, one bedroom - R5600