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R4,595,000

Monthly Bond Repayment R49,002.44
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Claim this 2136 sqm property and make it yours for R4595 000 in Parklands

Open the potential of this unique property located in the heart of Parklands, offering an exciting opportunity for visionary investors. Situated on a substantial corner erf, this expansive property currently houses a school that, despite needing some care, holds immense promise for a transformative revival.
The school, although currently inactive, exhibits the potential to become a dynamic educational institution. With its spacious layout and abundant space, this establishment is poised for rejuvenation, making it ideal for individuals passionate about education and revitalization.
In addition to the school, the property features a double-story residence, presenting further possibilities for use. This secondary dwelling offers potential for conversion into administrative offices, faculty accommodations, or additional learning spaces, enhancing the property's versatility for both residential and educational purposes.
The prime location at the heart of Parklands ensures proximity to amenities, shopping centers, and easy access to transportation, adding to the property's appeal and convenience.
Surrounded by greenery and open spaces, the property provides a serene backdrop for educational endeavors. With potential for landscaping improvements and thoughtful renovations, the outdoor areas can be transformed into vibrant spaces that enhance the overall ambiance.
This property, with its expansive layout and strategic location, invites those with a vision for revitalizing educational spaces. Don't miss this chance to breathe new life into a school and create a dynamic learning institution. Explore the untapped potential of this sizable property, where the school awaits transformation, and the included residence adds an extra layer of opportunity to this promising investment.

Features

6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Reception Rooms
6
Exterior
Garages
2
Carports / Parkings
8
Sizes
Land Size
2,137m²
Extras
Near Schools • 2 Car Garage • By the sea • Brick • Kitchen-Dinette • Unfurnished • Near Fitness centre • Wood • Near Shops • Near Bus • Near Hospital • Concrete • Garage • Near Medical Center
 
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R

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

49,002.44

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