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R1,350,000

Monthly Bond Repayment R14,396.80
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,152.9

Affordable family home with potential rental income.

Welcome to this charming family home located in Mimosa Park, Germiston.

This property is the perfect starter home, featuring three bright, sunlit bedrooms with cozy carpeting. The main bedroom includes an ensuite bathroom equipped with a shower, basin, and toilet, along with direct access to the backyard. There’s also a full bathroom that needs some TLC and a separate laundry room. The rest of the house boasts tiled flooring. The open-plan kitchen, dining area, and lounge create a warm and inviting space, enhanced by a fireplace that heats the entire area.

The kitchen is fitted with wooden cupboards and a gas stove, along with an electric oven, though this appliance may not remain.

Additionally, the property includes two other buildings: a fully insulated wooden cabin with potential for rental income, and an art studio that’s perfect for student accommodation.

Here are some key features of the property:

- Conveniently located near public transportation and major roadways for easy commuting to work or school.
- Several schools in the vicinity, along with transport options for students.
- Close to shopping centers (Lambton Gardens/The Reef), grocery stores, parks, recreational facilities (Victoria Lake Club), and medical services for added convenience.

This home is ideally situated for buyers looking to enter the market and envision the property's potential.

Don't be shy - call me to answer any questions you may have and let's get the ball rolling by viewing the property, and together lets start your journey to own your own home.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
6
Flatlet
1
Domestic Accommodation
1
Sizes
Floor Size
190m²
Land Size
1,060m²

Mimosa Park, 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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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

14,396.80

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