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R3,200,000

Monthly Bond Repayment R34,125.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,028

A fantastic investment with family home with 5 cottages in the heart of Muldersdrift

This property spanning 2.833 hectares and boasts a huge, tiled family home of +-600m2 offers both redevelopment prospects while currently generating rental income, making it a wise choice for the astute homeowner or investor.
As you step inside, you're greeted by a spacious entrance hall that leads to a dining room area to your left and a comfortable family/TV room and study to your left that can easily be a separate guest room. The home has a huge kitchen with sturdy solid wood cabinets, a gas stove, a bespoke prep basin, ample work and storage space as well as a separate scullery ensuring seamless meal preparation and clean-up.
Down the hallway, is a formal lounge complete with access to a guest toilet and sliding doors that open onto a sunny entertainment area equipped with a built-in bar, providing direct access to the garden and swimming pool area. Further down the hallway you will find three spacious bedrooms with bay windows, and two full modern bathrooms, one of which is ensuite to the master bedroom. The master suite offers spacious seating area, luxurious walk-in closet, and an indoor jacuzzi and garden.
Nestled within the garden is a swimming pool and thatched Lapa with boma, built-in bar and braai, ideal for entertaining family and friends.   Tucked away on the property are five cottages generating a monthly income of R28,000.  Two cottages with one-bedroom and three cottages with two-bedroom each equipped with a kitchenette and bathroom and lounge area.
Additional amenities include staff accommodation, an extensive workshop area with storage rooms and parking, a borehole, 3-phase Eskom power, as well as municipal water connections.   The huge back garden offers an orchard teeming with various fruit trees like oranges, lemons, papayas, and avocados as well as a facility for slaughtering and a cooling room (fridges not in working order), toilet as well as an area currently used as a laundry.  Security at this property is top of mind and includes burglar bars on all windows and security gates on all exterior doors as well as electric fencing, CCTV cameras with beams and an alarm system.  The main house does need some attention to return it to its former glory and become a dream home.
This property is ideally situated just minutes away from the renowned Cradle of Humankind, a mere 15-minute drive from Lanseria International Airport, and offers easy access to Beyers Naude and the N14, ensuring convenient access to nearby amenities.
Don't delay, call for a viewing today.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
5
Pool
Yes
Sizes
Floor Size
600m²
Land Size
28,330m²
Extras
Built In Braai • Safe Location • Stone • Fibre • Gas Oven • Jacuzzi • Hob • Upgraded Bathroom • Brick • Balcony • Shower • Old Building • Fireplace Room • En-suite Bathroom • Closed Circuit TV • Corner Lot • Near Hospital • Contemporary • Built in Wardrobes • Near Park • Eat-in Kitchen • Barbeque pit • Steel Front Door • Common Areas • Near Motorway • Near Highway • Covered Parking • Air Conditioning Unit • Country Side • Domestic Bathroom Bathroom • Staff Accommodation • Concrete • Near Shops • Unfurnished • Veranda • Satellite • Alarm System • Near Airport • Near Medical Center • North • Open • Kitchen-Dinette • Washing Facilities(in building) • Near Schools • Near Shopping Mall • Garage • Glass Siding • Entrance Hall • Wood • Good reachable traffic • 2 Car Garage • Garage with Automatic Door
 
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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

R
%

Monthly Payment

34,125.75

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