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R1,850,000

14 Ridge Place

Monthly Bond Repayment R20,048.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,606.3

Experience the Triple Delight of Remarkable Returns with this Multi-Functional Investment

Harcourts Pulse are proud to present to the market an impressive, well-maintained residence conveniently positioned in the high-demand suburb of Hatton Estate, Pinetown. Loved and cherished by the same family for over 5 decades, this property is creatively spread across two road frontages, and offers an unrivalled investment opportunity through engaging, modular living spaces.

Drench yourself in the charm and character of the main house, which features roomy living and dining areas. Both rooms are fitted with wooden cabinetry and a fireplace in the living room further enhances the comfort, relaxation, and warmth of the home’s ambiance. Rustic elegance meets modern convenience in the granite country-styled kitchen boasting ample cupboard space, electric hob, uco, and extractor. Perfectly positioned adjacent to the kitchen is the covered courtyard, where you will find the outside laundry room and separate office. Complete with 4 spacious bedrooms and 2.5 bathrooms - the master-bedroom is offered with a private walk-in-robe and full en-suite bathroom.

Venture further and you will find a spacious, light, and bright 2-bedroom granny flat with separate entrance/road frontage and double carport. Tiled throughout, the granny flat features a full family bathroom, spacious open-plan living area with aircon and ceiling fan, fully-fitted kitchen with breakfast nook, hob, and oven - the perfect space for extended family living or for securing a passive income through rental investment. Further extend your income stream with the addition of a 1-bedroom granny flat with shower en-suite, that can cleverly double as a salon, presenting a vivid opportunity for home-based entrepreneurs.

Enjoy the crisp, outdoor air on the expansive veranda with roll-up blinds, which overlooks the salt chlorinated swimming pool. Complementing the property’s eco-friendly approach, say goodbye to electricity bills with the 16-panel solar system efficiently powering the property and with 6 water tanks running off pumps available for usage, storing water is a breeze!

Accommodating 5 vehicles comfortably under the triple and double carport, there is ample parking space for additional vehicles ensuring convenience for everyone. Not only is this prime property pet-friendly, but it’s also located close to major motorways, a variety of esteemed schools, places of worship, bustling shopping centres, restaurants, and top-notch healthcare facilities. The suburb of Hatton Estate with its excellent neighbourhood watch is well-regarded for its safety features, making it an ideal home or investment property for families and those seeking security in their investments.

Secure a steady flow of income today by unlocking three streams of profit and capitalizing on this lucrative real estate trifecta! Book your exclusive viewing appointment right away and don’t miss this remarkable opportunity!

Features

4
2.5
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,151m²
 
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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.

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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

 

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Monthly Payment

20,048.58

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