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R4,249,000

215 Republic Road

Monthly Bond Repayment R45,312.60
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,690

Perfect family home with multiple income generating properties

This unique property offers a multitude of features designed for comfort, convenience, and modern living.

Perfectly suited for an extended family, business-minded individuals, or those seeking additional rental income; this plot has everything you need and more!

As you drive through the electrical gate you will find three driveways running on a peaceful and healthy green belt which leads you to the main house and the respective cottages, AirBnB unit, office and storage unit.

Main House Features:
Modern kitchen tiled and fitted with a gas hob stove, electric oven, scullery with a pantry and plenty of cabinetry.
Lounge with a fireplace to keep you cosy during winter.
3 Spacious Bedrooms (all upstairs) with built-in wardrobes, including an ensuite master bedroom with a shower.
15kW Solar Power System, 18 solar panels and 3 inverters and 3 batteries ensures you have no load shedding blues.
Enchanting expansive garden with a solar heated swimming pool for all year enjoyment, as well as a fish pond.
Borehole providing the strongest and most reliable water supply.
Enhanced security features with an electric fence, surveillance cameras and beams throughout the property ensuring peace of mind.
Covered carport for 4 cars as well as additional open parking for another 10 cars!

5 income-generating 2 bedroom cottages with:
Fully tiled with their own stylish kitchen, lounge and revamped bathrooms.
Separate entrances and their own double carports for added privacy

An additional self contained unit attached to main house so it is ideal for guests.
Currently used as an AirBnB that is spacious and open plan with its own kitchen, bedroom and bathroom with shower. This unit also comes with its own carport.

A large office space (that can easily be converted into a bedroom) with a neat kitchen and a gorgeous bathroom.

Bonus: A storage room or space for a working workshop.

Rental Potential is huge!
Current minimum rental income: R7000 per month per cottage.

Located a few kilometers away from Boulders Mall and Mall of Africa, this property is not only a wonderful and serene family home; but also a fantastic investment opportunity with multiple income streams and endless possibilities!

Don’t miss out on this incredible offer and call me to view today!

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Reception Rooms
2
Exterior
Carports / Parkings
14
Security
Yes
Flatlet
5
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
8,565m²
Extras
Solar Power,  • Solar Heated Pool,  • Fish Pond

President Park, 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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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

 

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Monthly Payment

45,312.60

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