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R4,950,000

Monthly Bond Repayment R46,951.58
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

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Monthly Rates
R1,478

Income generating home for Sale - home and 6 cottages

sound investment, situated on 1942m2 and zoned RESIDENTIAL 3, month;y GROSS rental R60 000, 3 PHASE ELECTRICITY.

Comprising of the main house situated in the peaceful avenues of Edenvale. 4 Beds, 2 baths with entertainment area\ swimming pool for the owner plus SIX self contained flatlets (FULLY let by private individuals and corporate clients) achieving gross month;y rental for the flatlets for R44 000 000 (excl electricity and water)

OPTION ONE - Owner lives in house and receives R44k rent per month for the 6 flatlets.

OPTION TWO - Owner lives in flatlet and receives rent R52K per month for the flatlets as well as the rent from the main house.

OPTION THREE - For the extended family - parents with their children / grand children living together, sharing expenses but each having their own space, own kitchen etc.

CCTV, electric fencing, irrigation and 3 PHASE electricity compliment. Enclosed area - only entrance into area and one exit - The neighbourhood ave formed a BLOCKWATCH with approx 15 patrollers. ENCLOSURE annual fee is R225pm. Two separate driveways with automated gates. Two offices for light admin and / or massage/ beauty salon. covered parking for all flatlets. three store rooms .

Close to Greenstone Mall and driving distance to Eastgate Mall
Close to R24 Highway
O. R. Tambo International Airport (approx 15 min time travel) - Johannesburg business centre close by.
N1 Highway that leads you to Sandton City, Pretoria is easy accessible
Excellent shopping malls and other amenities with easy access\Close to Stoneridge Shopping Centre and Long Meadow Business Park
Holy Rosary School in the Avenues, Edenvale School in Edenvale very close by.
Dowerglen High School in Dowerglen, Edenvale Primary & high School in the boomed area of Edenglen. MW de Wet Afrikaans Primary school in the boomed area of Hurlyvale are just some of the schools in the area to choose from. Creche schools situated very close


Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Studies
2
Exterior
Security
Yes
Sizes
Land Size
1,942m²

Edenvale Central, Edenvale

Edenvale is a solid investment destination with a wide variety of business, residential and sectional title offerings available from affordable to exclusive and expensive. The suburbs of Edenvale are situated close to 2 main highways as well as the Gautrain rapid rail link and are a 10 minute drive from OR Tambo International airport. The area boasts several good quality private and government schools and has...
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#BeTheLegacy: Celebrate Mandela Day in Edenvale
Icon. Hero. Leader. Peacemaker. Nelson Mandela lived an incredible life. He spent 67 years serving his community, his country and the world. On his birthday (18 July), you can follow in his footsteps. By giving 67 minutes of your...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

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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%
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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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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

46,951.58

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