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R4,695,000

Monthly Bond Repayment R50,880.05
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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EXCELLENT INVESTMENT: Residential & Business Premises - Rental Income potential up to R120 000 pm

Ideal as BUSINESS PREMISES / SCHOOL / CRECHE / TRAINING CENTRE/ Guesthouse / Student ACCOMMODATION- offering a warm sense of community and security. CLOSE TO Pretoria West Hospital and Tshwane University of Technology and within walking distance of schools, shops, and restaurants.Excellent future capital growth potential as the property is zoned for future development.
This exceptional property offers 3 dwellings/guestshouses(11 bedrooms, 7 bathrooms) and 8 workshops/storerooms on 3000 square meters with an independent water supply and solar power.The monthlyRENTAL INCOMEpotential on a longterm lease is a minimum ofR65 000and as student accommodationup to R90 000.Additional plans are in place to convert 8 storage units of 3m x 9m into 8 bachelor apartments, which will increase the rental income up toR120 000 per month.
The floor plan of the MAIN DWELLING measures 374.4 square meters downstairs and 105.3m square meters upstairs. The house incorporates five bedrooms, two bathrooms, a study, a separate kitchen, an open plan lounge and dining room, a veranda, a large entertainment room, a double garage, and separate laundry with a toilet and washbasin.
The spacious kitchen boasts beautiful HIGH-QUALITY SOLID BEECHWOOD CUPBOARDS, GRANITE TOPS, and space for all modern appliances and includes a large pantry and wine storage. The generously proportioned interior flows effortlessly from the open-plan living space and dining room to the front veranda and private enclosed covered entertainment area with built-in braai cladded with a unique artistic QUARTZ STONE WALL. Family and guests can admire the view of the large well-maintained garden, palm trees, and koi pond. An exceptionally ARTISTIC STEEL BALUSTRADE with MERANTI WOOD STAIRS leads from the lounge to the second floor comprising of 3 bedrooms, 2 bathrooms, and a study.
Important extras are prepaid electricity, SOLAR GEYSERS, an alarm system, CCTV security cameras, UNDERFLOOR HEATING installed which can be connected and a BOREHOLE that supplies all the water to all three dwellings, and a three-phase SPRINKLER SYSTEM. The owner's current water bill is only R200 per month. During load shedding/power outages, the house always has warm water supplied by the solar geysers and electricity via UPS, so lights, gates, remote garage doors, alarm systems, and CCTV operate at all times. The main dwelling is attached on one side to the second 3-bedroom dwelling, so it can be combined and utilized as one large 8-bedroom 4-bathroom home.
SECOND DWELLING (148.4 square meters downstairs & 94 square meters upstairs)
The second home is also a spacious double-story. The floor plan includes an open-plan living, dining room, kitchen, and separate pantry. Three bedrooms are on the second level. The main bedroom with en-suite is fitted with luxurious carpets and an air conditioner.  A double-shaded carport, enclosed garden, and separate entrance is for the exclusive use of this dwelling.
THIRD DWELLING(69.8 square meters)
The third dwelling offers complete privacy with two bedrooms, one bathroom, an open-plan kitchen, a dining and lounge area, gas stove, a solar geyser, a covered carport, and a private garden.
The BACHELOR FLAT measures 50m2 and is fitted with a large built-in cupboard and kitchenette both made from SOLID CHERRY WOOD. The bathroom comes with a shower, basin, and toilet. A separate prepaid electricity meter is installed.
The OUTBUILDINGS measures 298 square meters and consist of 8 workshops for storage and workspace. Ample open and covered parking space. Plans are in place for the existing eight storage rooms/workshops to be converted into 8 bachelor flats or offices.
This gives you only an overview of what this exceptional property offers. Call me ASAP to discuss the details and any further information you may require.

Features

8
7
10
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
10
Carports / Parkings
10
Security
Yes
Flatlet
1
Sizes
Floor Size
650m²
Land Size
3,000m²
Extras
North • Near Shops • Concrete • Fireplace Room • Safe Location • Near Public Transportation • 2 Car Garage • Renovated • Near Motorway • Satellite • Water Booster • Eat-in Kitchen • Garage • Near Shopping Mall • Near University/Campus • Built In Appliances • Gas Oven • On Quiet Road • Water - Tank • Closed Circuit TV • Good reachable traffic • Energy Backup Unit • Glass Siding • Security - System • Staff Accommodation • Built in Wardrobes • Veranda • Near Schools • Near Hospital • Air Conditioning Unit • High Speed Internet • Garage with Automatic Door • En-suite Bathroom • Alarm System • Contemporary • Near Medical Center • Covered Parking • Solar Heating
 
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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

50,880.05

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