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R10,800,000

47 9th avenue

Monthly Bond Repayment R117,040.36
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R11,062

Single largest development space left in Lambton / Parkhill Gardens. Here today, gone tomorrow!

Attention Visionary Developers and Savvy Investors!

Are you ready to make history? The time has come to unlock the full potential of the last grand development space in Lambton / Parkhill Gardens. Picture this: a sprawling property, once home to the cherished Epworth Children's Village, boasting more than 8 individual houses, alongside a grand administrative building and staff quarters. What's more? This prime piece of real estate is accessible from three different roads, offering unparalleled convenience and accessibility. Also, not to be missed - there is a fair sized recreation room with ample space to double-up as a clubhouse, library or even restaurant!

But that's just the beginning of the story. Zoned for Community Use, this magnificent property presents a cornucopia of possibilities for astute developers and investors like yourself. Whether you envision it as a beacon of education, a sanctuary of worship, a blissful retirement haven, or a vibrant hostel buzzing with life, the canvas is yours to paint.

Here's where it gets truly exciting: each of the 8 individual houses is a treasure trove in itself, boasting at least 6 bedrooms, complete with their own kitchen, lounge, and multiple bathrooms. This means one thing: rental income potential galore! Imagine tapping into the lucrative luxury-sized property market effortlessly, thanks to the various access points strategically woven throughout the property.

But that's not all. There's an undeniable club-like ambiance that permeates the entire facility, just waiting to be unleashed. Whether you're envisioning an exclusive club, a wellness retreat, or a dynamic community center, the possibilities are as limitless as your imagination.

For investors looking to expand their portfolios and leave an indelible mark on the landscape, this opportunity is tailor-made for you. It's not just about investments; it's about crafting a legacy that will stand the test of time.

So, seize this moment, grasp this opportunity, and let's embark on a journey to greatness together. The future is beckoning, and it's calling your name. Are you ready to make your mark? The time is now. Let's turn dreams into reality and create something truly extraordinary.

Features

40
15
12
Interior
Bedrooms
40
Bathrooms
15
Kitchens
10
Reception Rooms
19
Studies
8
Furnished
Exterior
Garages
12
Carports / Parkings
50
Security
Yes
Flatlet
2
Domestic Accommodation
6
Pool
Yes
Sizes
Land Size
17,125m²

Lambton, Germiston

Sometimes considered a small city, the large suburb of Germiston is found on the East Rand of Gauteng. Much like most of Johannesburg, Germiston started its journey of development during the gold rush of the 1800's.  By 1921 Germiston was known for having the largest gold refinery in the world known as the Rand Refinery.   LOCATION: Germiston is conveniently located about 20 kms from OR Tambo International...
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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

117,040.36

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