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R2,900,000

Monthly Bond Repayment R31,427.50
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

3 Bedroom House For Sale in Orchards

Investment Opportunity Awaits! Spacious Family Home with Rentable Cottages.
Discover the financial wisdom in this remarkable property nestled in the tranquil neighbourhood of Orchards, this property not only offers a spacious haven for your family but also presents an incredible opportunity for additional income through two or even three rentable cottages.
The main house features three bedrooms in total, including a master bedroom with an en-suite bathroom, built-in cupboards, with carpeted floors. Two more bedrooms with high ceilings, and a family bathroom as well as another one en suite bedroom with Cemcrete floors. There are three bathrooms in total, ensuring ample convenience for the entire family. There is a large elegant north facing reception room creating an ideal space for easy entertaining, with a beautiful Morso Fireplace & the kitchen just off this room features a 6 burner Smeg gas stove, with Gas Oven and an open plan hatch connecting seamlessly into the living room, in addition, there is a Scullery/Laundry area separate space for laundry and scullery needs, adding practicality to your daily routine. The Dining room is a separate room also with a beautiful north window as well as a little study just off this room for perfect privacy for a work from home nook. There is also a private courtyard that has 2 studios in as well as a cosy place entertain with afternoon cocktails. The magnificent foliage in the gardens compliment the tranquil atmosphere of this private safe courtyard.
The cherry on the top with property is the income potential from cottages and double volume studio. Utilize the rent from the rentals to cover your bond, turning this property into a smart investment. This home is a testament to functionality, and financial prudence as it is very versatile and could be easily converted to an individual owner needs with very little effort as there is so much there already. This serious seller invites you to seize this opportunity and make this your own space. Contact me now to schedule a viewing and step into a lifestyle of comfort and prosperity. Hurry, as opportunities like this are rare! Contact me for your own private viewing.
Description: Reception Rooms & More
• Large living area leading out to a small north patio has Parquet flooring as well as a Morso wood burning heater
• The dining area also with Parquet floors has a study or small TV area off the room leading to the Courtyard.
Bedrooms Section
• Main bedroom with en-suite bathroom, built-in cupboards and carpeted floors
• 2 more Bedrooms with high ceilings, built-in cupboards,
• 3 bathrooms in total in the house
Kitchen
• Smeg 6 plate Gas Stove & oven
• Double sinks
• Open plan Hatch to living room
• Plenty space for Fridge/ freezers
• Large Laundry/Scullery off the kitchen
Studio
• Own entrance
• Large living space
• Limited Bathroom
• Separate Bedroom upstairs
Flat 2
• Own entrance and parking
• Large living with a fire place
• kitchen
• Bathroom
• Separate Bedroom with cupboards
Storerooms
• Several storerooms convertible to more cottages or Staff rooms
General Features
• 10 parking’s
• Automatic gates,
• Solar Geysers
• Large garden
• Conveniently situated near the Norwood Hyper and Norwood shopping and restaurant area.

Features

3
3
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
4
Exterior
Carports / Parkings
10
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
1,487m²

Orchards, Johannesburg

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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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:

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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

31,427.50

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