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R2,990,000

Monthly Bond Repayment R31,372.75
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R201.9
Monthly Rates
R155.7

Welcome to your exquisite investment opportunity, overlooking the picturesque Olifantsnek dam

The expansive property, situated near the Olifantsnek dam, offers breath-taking views and a garden that's both easy to maintain and visually stunning. Complete with a sparkling swimming pool, a tranquil Koi-pond water feature, and tasteful garden art, the manicured garden is irrigated by a fully automated borehole system with a convenient switch over.
The main house welcomes you with a spacious open-plan lounge and dining area, complemented by a beautifully designed kitchen featuring built-in cupboards and durable, gleaming countertops. Each of the three generously sized double bedrooms boasts its own en-suite bathroom with contemporary fittings and finishes. Throughout the property, light and stylish tiles adorn the floors, offering both practicality and ease of maintenance.
This property's true gem lies in its potential as an overnight lodge or bed and breakfast. Additionally, it features four bachelor flats, each with its own carport and steady rental income. All four flats are equipped with gas appliances and geysers, fully tiled bathrooms with showers, and toilets.
Furthermore, the property includes:
• A spacious 1-bedroom garden flat filled with natural light, offering an open-plan lounge, separate dining room, and a modern bathroom adjacent to the bedroom, complete with ample storage. Entertainment is made easy with a built-in braai, while the fully equipped galley kitchen, gas stove range, and 5-kilowatt solar system add comfort and convenience.
• Another 1-bedroom garden flat with an open-plan kitchen, lounge, and dining area, featuring a full-sized bathroom, gas stove, gas geyser, and prepaid electricity. Modern, easy-to-clean tiles and abundant storage space enhance the appeal.
• A separate 2-bedroom garden cottage with its own yard and entrance, boasting a spacious open-plan living area with dining and kitchen spaces, replete with built-in cupboards, stylish tiles, and gas appliances for added convenience.
Enhancing the value of this property are additional features such as an automated greywater system, PTH water treatment, eight security cameras that can be integrated into a CCTV system, and solar-operated freestanding outdoor lamps for enhanced lighting and security around the property.
In total the property offers eight carports. You are also just a stone’s throw from a shopping centre, with a filling station and restaurant.
This property offers not just a home, but a lucrative investment opportunity with a range of income-generating possibilities. If you have any specific preferences or details you'd like to refine, please let us know!

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
7
Pool
Yes
Sizes
Floor Size
500m²
Land Size
1,376m²

Olifantsnek, Rustenburg

Rustenburg means 'place of rest' and was originally a tobacco and citrus producing community. Location Located at the foot of the Magaliesberg Mountain Range, residents who hike up to the low ridge are treated to spectacular beauty.  About 135 kms from Pretoria and Johannesburg via the N4, you will find "Platinum City" so named because 2 of the worlds largest platinum mines are nearby. Climate The...
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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

R
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Monthly Payment

31,372.75

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