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R5,800,000

Monthly Bond Repayment R61,852.92
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Large 4 Bed home, with 4 cottages for instant income

This 1.5ha land lays claim to one main 4 bed house, plus 4 cottages, contributing an instant rental income, and has been sub divided, as an alternative for a Developers project or investors purchase.
This property is zoned for residential and is currently home to 4 cottages and one main house, secured with palisade fencing all round and an electric gate, giving access to all homes within the property. All cottages and main house is further enclosed with fencing, giving each home their privacy.
This is a thriving rental opportunity for investors. The main home has 4 beds, 2.5 baths, 2 entertainment areas, loft that can be used as a study or extra room, lovely kitchen and separate pantry. It has a double garage and one carport with plenty of outside parking. In addition to the main house, there is a 3 bed, 1 bath cottage, 2 x 2 bed, 1 bath cottages and a 1 bed, 1.5 bath with single garage and carport cottage.
Feeding this property is a 20 000l water storage system, connected to an irrigation pump, using borehole water and supplies all homes. For extra security a night guard is on duty, neighborhood watch is in place and armed response is an added feature.
This impressive property is situated in Mnandi, the up and coming investment opportunist delight. A 1ha of empty land is zoned directly next door which is available at an additional premium.
Don't miss out on this investment. Call for a private viewing.

Features

4
2.5
3
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
3
Carports / Parkings
9
Sizes
Floor Size
1,000m²
Land Size
15,000m²
Extras
Views: Private • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Separate Dining • Kitchen: Standard • Kitchen: Pantry • Kitchen: Free Standing Stove • Kitchen: Finish • Kitchen Finish: Other • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 2: Additional Info • Bedroom 3: Single • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Single • Bedroom 4: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Kitchen • Additional Rooms: Family • Additional Rooms: Guest Toilet • Heating / Cooling: Electric • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Partly Covered • Outdoor Living Entertainment Area: Concrete • Outdoor Living: Garden • Garaging / Carparking: Double Lock-up • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Good • Water Supply: Bore • Sewerage: Mains • House Style: Character

Mnandi, Centurion

Centurion, Gauteng: A Prime Investment Destination Situated in Gauteng, South Africa, Centurion thrives as a bustling centre of economic vitality and lucrative real estate prospects. For discerning property investors seeking potential, Centurion presents a compelling opportunity for your next venture. Explore the possibilities in this dynamic hub of growth and investment. Location and...
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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

61,852.92

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