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R6,500,000

49 Memel Road

Monthly Bond Repayment R68,201.64
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R3,900

Endless opportunities with three homes in one

Calling all keen renovators, developers or buyers looking for an investment or income earning opportunity, this is the perfect property for you! Set in the heart of Claremont Upper, with stunning mountain views and within walking distance to coffee shops, schools and Cavendish shopping centre, it offers convenience on your doorstep.

Currently the property consists of 3 separate living spaces; 2 semi-detached cottages and a loft flatlet. The owner lives in one of the cottages and successfully rents out the other two. The property is also zoned GR4, so the opportunities are endless.

MAIN COTTAGE:
A character-filled cottage complete with high ceilings, wooden floors and sash windows throughout.
Lounge and dining room complete with fireplace and French doors leading out to a private courtyard.
Country style kitchen, freestanding stove and door leading out to a beautiful garden space. Spacious
master bedroom and en-suite bathroom downstairs. Large sunny loft bedroom or multi-use room
upstairs with mountain views.


SECOND COTTAGE:
A spacious living and dining area with a wood burning fireplace, wooden floors, and French doors
leading out to a private and sunny courtyard. The well fitted kitchen has a free standing stove and
space for an appliance. Two bedrooms, a study and bathroom downstairs. Large loft bedroom or
multi-use room upstairs. Security shutters on all the windows.


LOFT FLATLET:
The flatlet has its own entrance, which leads into a living room with beautiful bamboo floors. The
renovated kitchen, decorated with stylish Moroccan tiles, has a fitted stove and space for an appliance
and small fridge. Bathroom downstairs and loft bedroom upstairs with stunning mountain views.


PARKING:
Secure shared parking for 4 plus cars.

Features

6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
1
Sizes
Floor Size
260m²
Land Size
496m²

Claremont Upper, Cape Town

Easily the centre-point of Cape Town, Claremont Upper can be described as the heart of the Southern Suburbs; With large family-oriented properties and vast gardens, all in relative proximity to beaches, parks, schools and the Cape Town CBD, Claremont Upper is framed with a picturesque mountain backdrop. The popular, leafy suburb is situated adjacent to Main Road and above the railway line, neighbouring both the...
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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

68,201.64

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