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R1,999,000

Monthly Bond Repayment R21,317.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,873
Monthly Rates
R1,172

4 bedrooms, 3 bathroom house for sale in Halfway House

Stand alone 4 bedroom, 3 bathroom house, income producing, with garden, in a secure complex.

Price drastically reduced. Offers from R1999 999 will be considered and negotiated.

This house is situated very near Gallagher Estate, and currently has tenants in both the house and a flatlet. It has great income producing potential for an investor, or income from the flatlet, either as a rental, or as a B&B to subsidize a bond.

The main house, has an entrance hall leading into the spacious open plan lounge, dining and kitchen area. This area opens out through a glass sliding door, on to a covered verandah, with built-in braai, overlooking the garden. The design is unusual, with high pine ceilings and different angles

If you enter from the garage side, there is a full enclosed scullery/laundry on the left, with the added benefit of a walk-in pantry. There is space for 2 appliances as well as more cupboard space.

The kitchen has a magnificent, 6 hob gas stove with an oven as well as an extractor. There is convenient cabinetry, a prep sink and space for a double door fridge.

The bedrooms are on the right of the lounge, the first having a small en-suite bathroom with a bath tub, and built in cupboards. The second larger bathroom, has a large spa -like bath, with a shower fitting, and is opposite the 2nd bedroom. This bedroom has a walk in closet. The third bedroom does not have cupboards.

There is a large linen cupboard/storeroom opposite the last bedroom.

The house is tiled throughout, except for the first bedroom which is carpeted. The house has a face-brick exterior a large garden, with 2 Jojo tanks, an invertor.and a satellite dish.

Additionally, there is a double garage and 2 storerooms with this house.

The flatlet is modern and neat, comprising one bedroom, a kitchen, lounge and bathroom, all fully tiled, with beautiful, clean finishes. The bathroom has a corner shower. There are built in cupboards in the bedroom. There is place for one appliance in the kitchen. It has a separate entrance and a carport and a pretty private garden. The flatlet has a separate geyser and electricity from the house, but they share the water .

The complex is run by a home Owners Association, and there is the benefit of electric fencing, gated access, pool, squash court, tennis courts and clubhouse.

There are only 8 homes in the complex, so it is quiet, close to the amenities, safe and well run and maintained.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
1,105m²

Halfway House, Midrand

Investment in property in Midrand is a safe bet as Midrand one of South Africa's most rapidly developing cities as well as being one of Africa's fastest developing investment centres. From its humble beginning as a halfway point between Gauteng's two major cities (Johannesburg and Pretoria), it’s now the dynamic centre of a major metro stretch with Centurion set to the North, Sandton down to the...
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In the news

Luxury focus: Midrand estates
It's almost 20 years since the launch of the first luxury residential estate in Midrand, and since then the area has quietly but steadily evolved into Gauteng's new "mink and manure" belt, now almost as favoured by the region's...

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Market value

R1,999,000

Offers from

R1,999,000

Offers for this listing must be made in RNone increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

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

21,317.93

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