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R2,900,000

Monthly Bond Repayment R30,926.46
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

Plot That Offers you all you need!

Welcome to this exceptional property located in Midvaal, where your every need will be met and exceeded! This spacious plot offers a wide range of features that make it an ideal investment. Here's a detailed description of this remarkable property:

Main House:

A well-kept, spacious main house with 3 bedrooms.
2 well maintained bathrooms.
An open-plan lounge and dining room, perfect for family gatherings and entertaining.
A fully equipped kitchen with a scullery and pantry, providing ample storage and preparation space.

Flatlets:
The property includes 4 independent flatlets that currently generate a monthly income of R14,000.00.
First Flatlet: 2 bedrooms, 1 bathroom, a lounge, kitchen, and a small garden.
Second Flatlet: 2 bedrooms, 1 bathroom, an open-plan kitchen and dining room, a lounge, a study, and an enclosed garden with a carport.
Third Flatlet: 2 bedrooms, a study, an open-plan kitchen and dining room/lounge, and 2 bathrooms.
Fourth Flatlet: 2 bedrooms, 1 bathroom, an open-plan kitchen and lounge, a carport, and a garden.
Additional Features:

A shop with a liquor store that generates a monthly profit of R10,000. This adds a valuable income stream to the property.
2 boreholes, ensuring a consistent and reliable water supply.
A lapa for outdoor relaxation and entertainment.
A storage room for your convenience.
Servants' quarters for staff accommodation.
Municipal electricity supply for convenience and reliability.
4 geysers to ensure a consistent supply of hot water.
3 water tanks to secure an adequate water reserve.
This property offers a unique opportunity to enjoy comfortable living in the main house while benefiting from the rental income generated by the flatlets and the shop. With its extensive features and income potential, it's an excellent investment opportunity. Don't miss out on this incredible property in Midvaal!

Features

3
2
4
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Exterior
Garages
4
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
21,912m²
 
  • 1
 

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

30,926.46

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