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R4,500,000

215 Republic Road

Monthly Bond Repayment R46,448.48
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,690

Exceptional Income-Generating Property with Multiple Residences and Luxurious Features!

This property is a unique blend of convenience, functionality, and incredible earning potential. With a minimum monthly rental income of R45,000, it’s a true income-generating powerhouse!

The main house boasts 4 spacious bedrooms upstairs, with 3 bathrooms- main ensuite. A massive, modern kitchen with ample cupboard space, a gas hob stove, and an open living area that flows out to your massive garden, pool and entertainment area.

Five additional cottages provide a fantastic source of income. Each cottage features two bedrooms, a full bathroom, and a beautifully tiled kitchen. All cottages have their own private entrances and carports, ensuring privacy and peace of mind for both residents and guests.

A separate, large office with a built-in kitchen and a gorgeous, fully tiled bathroom presents a versatile opportunity. It can easily be converted into a one-bedroom house or utilized as an additional BnB unit.

Key Features:

Sustainable Living: 18 solar panels, three inverters, three batteries, and 15kw solar power ensure energy efficiency.
Water Security: A reliable borehole provides a constant water supply.
Leisure & Relaxation: Enjoy a solar-heated swimming pool, a tranquil fish pond, and a cozy fireplace.
Enhanced Security: Electric main gate, electric fencing throughout, surveillance cameras, and beams provide peace of mind.
Bonus: A storage room or space for a working workshop.

Financial Potential:

With a conservative rental income of R7,000 per unit, this property currently generates approximately R45,000 per month. The potential for increased income is substantial through Airbnb, BnB opportunities, and the conversion of the office space.

Located a few kilometers away from Boulders Mall and Mall of Africa and other places of interest in Midrand.

This is more than just a home; it's a smart investment offering luxury living, exceptional security, and a substantial income stream!

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

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Reception Rooms
2
Exterior
Carports / Parkings
14
Security
Yes
Flatlet
5
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
8,565m²
Land Size
8,565m²
Extras
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

46,448.48

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