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R1,700,000

Monthly Bond Repayment R17,547.20
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R800

WONDERFUL NORTH FACING INVESTMENT OPPORTUNITY IN THE HEART OF HIGHLANDS NORTH

This 4 x bedroom Old World Beauty needs a little TLC. Great investment opportunity with parquet flooring and large wonderful bedrooms, with gorgeous bay windows looking out onto a well established garden down below with large trees.

This beauty is nestled in a very established upmarket suburb.

Pleasantly situated in the heart of Highlands North with lots of parking space as you enter the property. Electric fencing surrounds the outer perimeter. You will be astounded at the amazing opportunity for a wonderful bed and breakfast, guest house. Or you may enjoy this double story beauty as a wonderful family home with nooks and cranny’s and oh so spacious living room plus amazing lounge and dining room downstairs. You will enjoy the parquet flooring, plus downlighters throughout.

Leading up to the 4 fabulous bedrooms upstairs is a fabulous stairwell. The floors are mostly parquet. There is a feeling of opulence in this charming Old World beauty. You will immediately enjoy the feeling of spaciousness. With a little TLC and care you will realize the amazing income producing potential of this old world beauty with 3 spacious cottages at the back of the property too.

Plus there is a huge fully fitted bedroom with it’s own bathroom en-suite downstairs suitable for a granny cottage self contained income producing unit.

And additionally the 3 cottages outside which may be very easily leased out.

Loads of income producing opportunities in this dynamic 722 square meter double stand.

It is a stones throw from hi-ways and bi-ways to and from Sandton and beyond
So conveniently situated within easy distance to the Norwood Hypermarket

Within easy distance to beautiful parks too.

Schools nearby, Highlands North High, Waverley Girls High, St Mary's plus playschools and within easy distance to H A Jack Primary School.
It is also within easy proximity to Glenhazel Tennis Courts, plus Huddle Park for Pickle Ball and Paddle
This property is also within easy distance to the fabulous Melrose Arch Shopping Center, for fine dining and shopping plus Blu-Bird Shopping Center

It is also within easy proximity to Waverley and Norwood and also the Linksfield Neighbourhood Shopping Center
Also accessible to Freeways that lead to Oliver Tambo airport

We invite you to arrange a viewing time with us to see for yourself and make us a reasonable offer.

Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors/ omissions which may occur.

Features

4
3.5
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3.5
Kitchens
1
Reception Rooms
3
Sizes
Floor Size
494m²
Land Size
722m²
 
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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

17,547.20

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