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R3,195,000

Monthly Bond Repayment R34,624.44
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,800

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Discover the potential of this prime 2.58 hectare (25800sqm) stand nestled in the heart of President Park. Surrounded by a mix of commercial and residential properties, this prime stand offers Residential, Commercial business, and other opportunities, making it an ideal investment for those seeking a blend of residential comfort and business opportunities.
Residential zoning with business consent usage rights, this property if improved, has the potential to be an ideal investment for those seeking either residential comfort or development opportunities on a 2.58 hectare Land.

The stand has 2 dwellings; main house and cottage, each with double garage & a swimming pool. The main house consists of 3 spacious lounge areas, 5 bedrooms and 4 bathrooms with tiled flooring. The spacious kitchen opens onto a dining area and lounge space. The patio has a built-in braai place and a view of the pool/garden.

The second dwelling consists of a bedroom and a bathroom with a kitchen, lounge and balcony upstairs, as well as a double garage downstairs.

This country farm property is perfectly positioned with easy access to everything of convenience.

Features

5
4
4
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
4
Carports / Parkings
4
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
25,812m²

President Park, Midrand

About the suburb of President Park AH President Park AH is to the east of Halfway House in Midrand, just off the N1, and is bordered by Austin View, Kaalfontein, and Glen Austin. Interesting facts about the history of President Park AH One of the interesting facts about President Park AH is that it was originally established as a farm in the late 1800s, and only began to be developed into a...
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In the news

Young buyers drive high demand for affordable Midrand property
Midrand is a vast area linking Johannesburg and Pretoria. It is one of the fastest growing areas, attracting 47% millennial buyers, among the highest in the country over the last year according to Charles Vining, managing...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

34,624.44

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