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R2,850,000

1 Ridge Road

Monthly Bond Repayment R30,393.24
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,654

Rezoned commercial property with Old Main Road visibility

This valuable property has important Old Main Road frontage and visibility rezoned as activity mode its permitted primary usages include shop, restaurant, medical facility, officers, education establishment, laundry and arts + crafts workshop. The single floor stepless building rates it ideal as an institution or facility for the disabled or aged citizens.

The existing buildings are 363sqm in extent and comprises of 9 rooms, 3 kitchens and 3 bathrooms and 3 garages. The building has the ability to be split into three separate usage areas. The land is 4047sqm in extent and is dead level which makes vehicle parking easy. The building is well maintained and recently has a new roof as part of its renovation. The current owners use the facility to restore furniture and as a shop to sell goods. A rare opportunity close to Kearsney College and the Total garage. We look forward to assisting you.

Features

6
3
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
5
Exterior
Garages
3
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
363m²
Land Size
4,070m²
Extras
Air Conditioner • Alarm System • Garden • Scullery • Security Gate • Septic Tank • Built in Wardrobes • Burglar Bars • Cooling Fans • Spa Pool • Curtain Rails • Driveway • Outdoor Beams • Pantry • Tiled Floors • Totally Fenced • Washing Machine Connection • Entrance Hall • Extractor Fan • Fireplace • Paveway • Wendy House

Bothas Hill, Hillcrest

Botha's Hill sits halfway between Pietermaritzburg and Durban. Standing at the edge of the majestic Valley of a Thousand Hills, this scenic town truly has something for everyone.  If you're active, Botha's Hill is built to run the Comrades or take on the Amashova. If you're an artist, the area's natural wonders will inspire you. Beginning your golden years? The tranquil setting and fresh air will boost your...
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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

 

LOAN AVAILABLE

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%

Monthly Payment

30,393.24

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