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R3,500,000

Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,000

Stunning 4-Bedroom Double Story House with Endless Potential

Nestled on a spacious 2023m² plot in the heart of Empangeni, this remarkable property offers a unique opportunity for a bed and breakfast or a large family home with ample space for entertaining and relaxation.

Key Features:

4 bedrooms and 3 bathrooms, perfect for a large family or accommodating guests
Built-in bar and entertainment room, ideal for hosting gatherings
Inviting pool, offering a refreshing escape on hot summer days
2-bedroom domestic accommodation, providing convenience and privacy for staff
Separate 2-bedroom flat, ideal for additional income or extended family
Sauna, offering a luxurious retreat for relaxation and wellness
Double garage, providing secure parking for vehicles
Scullery, making meal preparation and clean-up a breeze
2 lounges, offering versatile spaces for relaxation and entertainment
Laundry room, providing convenience for household chores
Potential for a Bed and Breakfast:
With its spacious layout and array of amenities, this property is perfectly suited for a bed and breakfast venture. The separate flat and domestic accommodation offer additional space for guests, while the entertainment areas and pool provide a welcoming atmosphere for visitors.

Maintenance and Potential:
While the property requires some maintenance, it offers tremendous potential for enhancement and customization. With a little care and creativity, this property could be transformed into a spectacular retreat that guests and residents alike will adore.

Location:
Located centrally in Empangeni, this property enjoys easy access to a range of amenities, including shops, schools, and restaurants. Its large plot boasts lovely greenery, providing a peaceful and private setting.

Don't miss this opportunity to own a truly unique property with endless possibilities. Schedule a viewing today and envision the endless possibilities this property holds!

Features

4
3
2
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
2,024m²

Fairview, Empangeni

The friendly town of Empangeni can be found nestled in the hilly countryside of the Mpangeni Valley. Located about 160km from Durban, Empangeni overlooks the harbour town of Richards Bay, which is a convenient 15km away. Falling under the Uthungulu District Municipality, Empangeni is wrapped in the wide open, evergreen planes of Zululand – with sugarcane plantations dotting its landscape.  Its weather...
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Industry and Employment Draws Buyers to Empangeni
Employment plays an important role in owning real estate, it seems apparent yet it is often overlooked as being one of the key driving factors in the property market. The growth in demand for homes in certain areas can be pin...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

 

LOAN AVAILABLE

R
%

Monthly Payment

37,929.75

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