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R4,995,000

Monthly Bond Repayment R53,268.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Penhill, Country living with rental income

Penhill Estate, thecharm of rustic living meets practicality, offering a spacious retreat amidst nature's trees. Spread across a generous 7470m², this property offers the essence of diverse living, with income-producing rentals, workshop, expansive open spaces, and towering trees.
The main house, approximately 250m² of spacious living offers an entrance hall with large lounge, where patio doors lead out to the undercover braai patio, overlooking the pool and tranquil garden. The country- feel kitchen and dining room also overlook the enclosed garden and pool area. A large study provides ample space for work or relaxation. With three bedrooms, including, one spacious bedroom with ensuite bathroom, two of the bedrooms feature doors leading to the outside. The main bedroom and lounge are equipped with air-conditioning. Completing the ensemble are two bathrooms, a laundry and storage area.
Thesecond house, designed to be double-story, spans approximately 140m². It boasts a large open-plan lounge and dining area, seamlessly connected to a wrap-around patio through sliding doors. A separate kitchen, 2 double bedrooms, and a full bathroom. It has its own separate entrance from the road and is enclosed.  The main house and second house both have asbestos roofs.
Adding value to the property aretwo charming two-bedroom Nutec cottages, each approximately 47m² in size, accompanied by a single garage porch. These cottages feature Metal Sheeting Roofs with offer open-plan living areas, 1 bathroom with shower, making them ideal for guests or additional rental income. Both cottages are fully enclosed, for privacy and pets.
The well-established garden, is laid out to ensure privacy for all the dwellings on the property, is nourished by a strong borehole with an irrigation system, providing lush greenery and a sense of tranquility. The pool, converted into a water filtering system, supplies ground water to all houses, ensuring sustainability and self-sufficiency.
For equestrian interests there aretwo horse stalls with a feed room.Alarge 100m² workshopwith 3-phase power connection and another spacious storeroom allows for many projects. Additionally, the property includes two staff building, two room with a shared toilet. While these rooms offer potential for accommodation or workspace, they require attention.  The property is fully fenced and walled in the front, with an electric gate ensuring security and privacy.
Notably, while the property does not have business rights, the previous owner held a license to manufacture on-site, showcasing its potential for entrepreneurial endeavors.
Discover the perfect blend of spacious living, income potential, and natural beauty at Penhill Estate.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Flatlet
2
Pool
Yes
Sizes
Land Size
7,470m²
Extras
Covered Parking • Country Side • Near Shopping Mall • Near Shops • Garage • Air Conditioning Unit
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

53,268.16

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