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R6,200,000

Monthly Bond Repayment R67,189.84
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,800

Exceptional investment opportunity in the heart of Bedfordview

Introducing an exceptional investment opportunity in the heart of Bedfordview, Johannesburg – a meticulously designed and income-generating property that seamlessly combines luxury living with sustainability. This Self Catering Guest House, strategically situated opposite Virgin Active, boasts not only a prime location but an array of features that make it an ideal asset for both discerning homeowners and savvy investors.

Property Highlights:

Spacious and Secure Living:
Nestled on a generous 1678m² erf, this property encompasses a sprawling 3-bedroom main house bathed in natural light and positioned for optimal north-facing exposure. The secure and sunny environment creates an inviting atmosphere, making it ideal for various purposes, from a comfortable family home to professional spaces such as work-from-home offices or doctor's rooms.

Entertainment Haven:
The property is adorned with a magnificent entertainment area, perfect for hosting gatherings and events. This feature enhances the property's allure, providing an added dimension to its versatility.

Accommodation for All:
Comprising the main house with 3 bedrooms and an additional 5 cottages, this residence can comfortably accommodate up to 20 guests. Each living space is meticulously designed to ensure both comfort and privacy, making it an attractive option for those seeking short-term or extended stays.

Green Energy Systems:
An eco-friendly haven, the property boasts cutting-edge green energy systems. The 200-liter solar-piped geysers efficiently harness the power of the sun, delivering maximum heat and significantly reducing energy costs. With 36 new solar electric panels and a 10KW inverter, the property realizes substantial monthly savings, approximately R4000, making it not only an environmentally conscious choice but also a financially prudent one.

Convenient Location:
Situated in close proximity to Bedford Centre, Eastgate, the airport, top-notch restaurants, and prestigious private schools, this property offers unparalleled convenience. Its strategic location ensures easy access to amenities and establishes it as an attractive choice for both residents and guests.

Additional Features:

Domestic quarters
2 double garages
1 double carport

Impressive Returns:
With all properties currently rented out, this investment opportunity generates a substantial monthly rental income of R71,000. The lucrative returns, coupled with the property's outstanding features, make it an irresistible prospect for investors seeking a sound and profitable venture.

Overall Property Statistics:

Erf Size: 1678m²
Floor Size: 950m²
Discover a unique blend of luxury, sustainability, and financial prudence in this remarkable property. seize the opportunity to own a piece of Bedfordview's premier real estate while enjoying significant returns on your investment. Arrange your viewing today!

Features

10
9
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
9
Exterior
Carports / Parkings
12
Sizes
Floor Size
950m²
Land Size
1,678m²
Extras
Property has a generator.

In the news

Kingstons New Office Space at 103 Boeing Road East
Kingstons' Commercial and Industrial Division has recently expanded its reach with the opening of new offices in Bedfordview. The new location, situated at 103 Boeing Road East, represents a significant milestone for the division...
 
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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

67,189.84

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