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R1,080,000

50 Cradock Street

Monthly Bond Repayment R11,704.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R811

Discover Exceptional Investment Potential in the Breathtaking Karoo Landscape of Graaff-Reinet

Ready to seize a remarkable investment prospect? Look no further than this gem nestled in Graaff-Reinet's captivating Karoo landscape. Here's what sets this opportunity apart:

Key Highlights:

1. Occupied Flats: Benefit from immediate rental income with two flats already leased to tenants.
Secure Parking: Two lock-up garages ensure safety for your vehicles or additional rental revenue.
2. Ideal Location: Positioned in a sought-after area near essential amenities like Spar and the local church.
3. Pool Potential: Explore the possibility of communal pool use to enhance the property's allure.
4. Expansive Land: Sprawling across 1376m², the property offers ample space for your imaginative plans.

Development Prospects:

Despite fire damage to the main building, it presents a blank canvas for your creative vision. Whether you envision crafting your dream home or income-generating rental units, the potential here knows no bounds. Given the soaring demand for rental accommodation in Graaff-Reinet, capitalize on this chance to secure a lucrative investment.

Features

2
2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
2
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Flatlet
2
Pool
Yes
Sizes
Land Size
1,376m²
Extras
Security Gate • Pool Shed • Country Living
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.

R
R

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

11,704.04

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