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R6,300,000

Monthly Bond Repayment R68,273.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,200

Prime Midrand Gem: Exclusive Property with Lucrative Business Opportunities!

Welcome to a unique real estate opportunity in the heart of Midrand! This exquisite property, currently operating as a successful guest house, is now available for sale. Boasting 13 beautiful rooms, this is a perfect investment opportunity for a company seeking a permanent space for traveling staff or visitors or an ideal business opportunity for an accommodation entrepreneur

Versatile Accommodation:
The property offers a variety of room options, including two double rooms, one triple room, a family room, and a 2-bedroom apartment with each room en-suite. Another 2-bedroom apartment with one double room and a single room.
The 4-bedroom communal living house is ideal for long-term stays and facilitates self-catering stays. Each room boasts its own en-suite shower allowing for complete privacy with communal living areas.
The spacious main 3-bedroom self-contained house with airy braai room and sparkling pool. A lovely country-style kitchen rounds it off. The 3-car garage has more than enough space and provides additional storage.

Business Potential:
With consent for use as a B&B, this property presents an ideal investment opportunity for those looking to continue in the hospitality sector. Additionally, it is well-suited for corporate rentals, providing a convenient and comfortable stay for colleagues or business visitors. The ideally situated conference room provides the perfect corporate space for meetings with its own bathrooms. The outdoor covered patio is the perfect place to unwind and have a braai and relax after a long day.

Prime Location:
Centrally located between New Road and Olifantsfontein Road on the N1/Ben Schoeman Highway, the property offers easy access to Centurion and Johannesburg. It is conveniently situated 40 minutes from OR Tambo International Airport, 3 minutes from Grand Central Airport, and 5 minutes from the Midrand Gautrain Station.

Proximity to Key Attractions:
The property is strategically positioned, being only 6 minutes from the Gallagher Convention Centre and 9 minutes from the Mall of Africa

Natural Tranquility:
Escape the city hustle with the property's lush trees and spacious gardens, creating a serene atmosphere. Enjoy the peaceful surroundings while still being in close proximity to essential amenities.

The property provides secure parking and is serviced by a borehole, ensuring water sustainability.

Seize this opportunity to own a property that offers both a tranquil retreat and a lucrative business venture. Whether for corporate rentals, hosting visitors, or continuing as a guest house, this Midrand gem is ready to welcome its next owner. Schedule a viewing today to explore the endless possibilities this property holds!

Features

13
13
3
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
13
Kitchens
4
Reception Rooms
5
Studies
3
Exterior
Garages
3
Carports / Parkings
10
Security
Yes
Flatlet
2
Domestic Accommodation
2
Pool
Yes
Sizes
Land Size
8,565m²

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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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

 

LOAN AVAILABLE

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Monthly Payment

68,273.54

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