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R895,000

62 STRAND STREET

Monthly Bond Repayment R8,935.50
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

2 Bedroom House - Wesbank

This property offers a solid opportunity for buyers looking to add value and benefit from additional rental income. With some upgrades and personal touches, it has the potential to become a practical and rewarding investment.

Main House:
2 Bedrooms
1 Bathroom
Comfortable TV/Living Room

Additional Features:
2 Separate granny flats, each with its own bathroom – ideal for generating rental income

Partial beach views from the property

Whether you’re an investor seeking rental opportunities or a buyer looking for an affordable entry into the market, this home offers flexibility and potential. With its added accommodation, it creates a chance to secure returns while adding your own improvements over time.

?? Location: Wesbank, East London – close to amenities with the added benefit of coastal surroundings.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Flatlet
2
Sizes
Land Size
391m²

West Bank, East London

Background and Historical Information of the Area East London, affectionately called Buffalo City by its locals, is located on the southeast coast of South Africa. In 1836, John Bailie, a settler from the 1820s, surveyed the mouth of the Buffalo River and founded the town hence the name "Buffalo City". Area Serenity East London is considered peaceful and beautiful. The city's rich history, cultural...
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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

8,935.50

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