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R2,625,000

Monthly Bond Repayment R28,447.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Lovely Property with Untapped Potential - Opportunity for Additional Income with Some TLC

Discover the untapped potential of this property, a hidden gem awaiting your personal touch! Three charming thatched roof houses, crafted with distinctive red bricks (unplastered), are bundled together at the price of one. Nestled along the recently paved Hampton Road, with the current entrance/exit on Hampton Road and the option to establish additional access points on Douglas Road.

The houses are strategically spaced apart, presenting an ideal arrangement for three families to share this expansive piece of land.

House 1:
Ground floor boasts a well-appointed kitchen, open-plan lounge, dining room, and an en-suite bedroom.
Ascend the stairs to the first floor, where the master bedroom with its own en-suite awaits.
Opportunity to create an additional room on the open area of the first floor for customization.

House 2:
Ground floor hosts two north-facing bedrooms and an open-plan lounge, dining room, and kitchen.
The main bedroom, located on the first floor, adds an extra touch of privacy and exclusivity.

House 3:
Ground floor features one bedroom, a kitchen/lounge, and a dining room.
Ascend to the first floor to find the main bedroom, with ample open space for personalized use.

At the heart of the property lies a swimming pool (swimmimg pool requires work) and lapa, surrounded by large lush gardens. Separate staff quarters adds practicality. A spacious carport for four cars and additional parking options throughout the property.

Benefit from the proximity to Glen Austin High School, just 500m away, and creches and pre-schools within walking distance. Embrace the lush, established garden and provide ample play area for the kids. This property not only offers a unique living experience but also an opportunity for a self-sustaining investment.

Features

7
5
Interior
Bedrooms
7
Bathrooms
5
Kitchens
3
Reception Rooms
6
Studies
2
Furnished
Exterior
Carports / Parkings
4
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
8,572m²

Glen Austin AH, Midrand

Midrand was established around a small village called Halfway House due to its location being halfway between Johannesburg and Pretoria.  Midrand is conveniently situated 38 kms from Lanseria airport and 22 kms from OR Tambo International airport. Midrand also offers residents commuting to and from the big cities convenient travel on the high-speed Gautrain rail system. The weather in Midrand is generally warm...
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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

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

28,447.31

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