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R5,500,000

Monthly Bond Repayment R57,709.08
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,600

Prime Investor’s location Property for Sale in Glenferness - 2.5114 Hectares

If you are looking for a property with easy access to central roads, a prime location, and the potential to revamp or build a business, look no further! This fixer-upper is an ideal opportunity to create your dream space in a highly desirable area. Don't miss out on this rare find!


Main House:

Kitchen:
renovated with Caesarstone countertops
Ample cupboard space
Bosch stove with extractor fan
Separate scullery

Lounge:
Built-in fireplace
Wooden beam ceilings
Tiled floors
Leads to patio with security gates on all doors

Bedrooms:
Downstairs Bedroom:
Own bathroom
Doors leading to patio and garden
Upstairs Main Bedroom:
Large balcony with views of the gardens and Magaliesberg mountains
Built-in cupboards
En suite bathroom

Loft Area:
Can be used as a study or reading lounge

Outbuildings:

Storage Spaces
Staff Accommodation:
4 units

Garages:

2 double garages previously used as workshops

Offices:

Includes a bedroom with en suite bathroom (bath and shower)
Fully fitted kitchen

Conference Center:

Currently used as a crèche with tenants

Additional Features:

Electric motor gate
Swimming pool (needs attention)
Balcony
Fireplace
Scenic views
Mature trees and established garden

Potential Income Generation:

The property can be transformed into an income-generating business or serve as a spacious home. It needs TLC to restore it to its full potential.

This 2.5114-hectare property in Glenferness offers a blend of charming farmhouse style and modern amenities. With multiple outbuildings, ample accommodation, and the potential for income generation, it is an ideal investment opportunity. Enjoy the tranquility of abundant birdlife and the beauty of a mature, established garden while being in a sought-after area. Call me now for a viewing!

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

Features

3
2.5
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Flatlet
1
Pool
Yes
Sizes
Floor Size
320m²
Land Size
25,114m²

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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:

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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

57,709.08

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