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R3,500,000

82 Hampton Road

Monthly Bond Repayment R36,126.59
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,795

Prime Investment Property with Rental Income in Glen Austin

This prime investment property in Glen Austin offers a well-structured main house along with five rental units, providing a substantial rental income. The versatility of the estate allows it to be used as a private residence or a rental-based investment. The strong water supply and independent energy system further enhance its appeal for sustainable living.

Main House
The rustic cottage-style main house features:
Three bedrooms
Full bathroom (accessible from both the main bedroom and general living area)
Spacious loft area (can be used as an additional bedroom or living space)
Open-plan kitchen and living areas
Fitted gas hob in the kitchen
Patio with a scenic view of the garden and surrounding landscape

One of the rental units is adjacent to the main house and can be opened up to serve as an extended master bedroom suite.

Rental Units
The property includes five self-contained rental units, each individually fenced off for privacy:
One-bedroom flat – Includes a bathroom and kitchenette.
Three-bedroom cottage – Features two bathrooms, a separate toilet, kitchen, and pantry.
One-bedroom unit – Includes a bathroom, open-plan kitchen, and veranda.
Two-bedroom unit – Comes with a bathroom and kitchen.
One-bedroom unit – Features a bathroom, kitchen with breakfast nook.

Water Supply
The property benefits from a strong borehole, delivering 5000kl per hour, ensuring a continuous water supply at normal pressure for the entire estate. The borehole pump is equipped with a regulator and filter, providing clean drinking water. This sustainable water source allows the property to remain completely off-grid throughout the year.

Energy System
A solar power system ensures uninterrupted electricity supply. Key features include:
8 solar panels generating 6500 watts
8.4 KVA system
Automatic switch between solar and Eskom power

Additional Features
Storage Solutions: Includes a container storeroom and a Wendy garden shed.
Domestic Quarters: A separate Wendy house with a shower, basin, toilet, and a gas geyser for hot water.

Security: The entire property is well-fenced with an electric fence

This property presents an excellent investment opportunity, whether for residential purposes, a guest lodge, or a rental income venture. Its prime location in Glen Austin, coupled with sustainable utilities and strong security measures, makes it an attractive and lucrative asset. Glen Austin, situated in the heart of Midrand, offers a unique blend of country living with urban convenience. This sought-after area is known for its spacious properties, tranquil environment, and strong community security presence. Glen Austin is well-connected to major routes, including the N1 highway, making it easily accessible to both Johannesburg and Pretoria. The suburb is characterized by large plots, equestrian estates, and a mix of residential and commercial developments, making it an attractive location for investors and families alike.

Features

13
5
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Security
Yes
Flatlet
5
Domestic Accommodation
1
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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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

36,126.59

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