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R2,625,000

Monthly Bond Repayment R28,447.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Exceptional Investment Opportunity in Glen Austin

Discover an excellent opportunity nestled in the heart of Glen Austin. This immaculate, beautiful family home not only offers a comfortable and inviting living space but also presents a unique chance to generate rental income with two flatlets on the property. The well-maintained home is surrounded by a large garden, creating a serene atmosphere.

Property Features:

Solid Construction: The property boasts a well-designed structure with steel-reinforced foundations and internal walls, ensuring durability and longevity. All floor slabs are reinforced with weld mesh.

Open Layout: The interior features tiled open-plan receiving areas, a family room equipped with a WestPoint gas heater, and a dining room enhanced by a Jetmaster fireplace. The higher Saligna wooden ceilings not only add to the aesthetics but also contribute to better cooling.

Formal Lounge: A separate formal lounge boasts laminated floors and an open-grid fireplace, providing a cozy space for relaxation.

Fully Equipped Kitchen: The kitchen is well-fitted and includes a gas/electric stove, electric double oven, prep bowl, pantry and a convenient scullery.

Outdoor Living: Enjoy the sunny patio with a built-in Jetmaster braai, perfect for outdoor dining while overlooking the large garden with a large variety of established indigenous trees.

Main House: The main house offers three carpeted bedrooms, two of which feature walk-in cupboards. There are two bathrooms, one with a shower and the other with a bath.

Rental Income Potential: The property includes a splendid one-bedroom flat with a private garden entrance, a lounge, a full bathroom and a kitchenette. Additionally, there is a one-bedroom flatlet on the western side.

Utilities and Security: The house is fitted with steel cottage pane windows, three geysers (two working in tandem with solar assistance), a double automated garage, a storeroom, two JoJo rainwater tanks. Security measures include an automatic gate, electric fence, and an alarm system. The fenced-in pool, while needs some attention, has great potential.

This investment property presents a unique blend of a comfortable family home and a source of steady rental income. Don't miss the opportunity to make this beautiful property your own.

Features

5
2
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
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

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

28,447.31

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