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R2,500,000

Monthly Bond Repayment R26,231.40
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R2,115
Monthly Rates
R549

UNLOCK THE POTENTIAL - A Fixer Upper Ready for your Vision

This prime Fourways property presents an exceptional investment opportunity, combining residential comfort with significant future potential. The solidly built, flat-roofed home offers 230 sqm of living space, situated on a securely walled 700 sqm plot with electric fencing and 24-hour security. Key features include:

- 4 Spacious Bedrooms: The main bedroom includes an ensuite bathroom and dressing room, along with 3.5 bathrooms throughout the home.
- Open Living Areas: A sunken lounge with an atrium opens to a main patio with a built-in braai and chimney. The adjacent dining room overlooks a second patio, offering ample space for relaxation and entertainment.
- Kitchen & Scullery: An open-plan kitchen and scullery provide easy access to the living areas, perfect for modern family living.
- Outdoor Amenities: A lush garden with a pool and garden shed enhance the outdoor appeal, while a tiled double garage and additional gated space for up to 4 cars ensure ample parking and storage.
- Upstairs Cottage: Featuring a separate entrance, this cottage is perfect for rental income or as a home office, adding a versatile element to the property.
- Building Potential: The flat roof and 3-phase electrical wiring reduce construction costs, enhancing its investment value.

The property is strategically located near 11 schools, including 3 top Model C schools, with easy access to the motorway and nearby malls. Its position as the only privately-owned land on a major road boosts its commercial development potential, making it a rare find in this sought-after location.

This home is perfect for investors looking for a combination of secure residential living, potential rental income, and future development prospects.

Features

4
3.5
2
Interior
Bedrooms
4
Bathrooms
3.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
230m²
Land Size
725m²

Fourways, Sandton

The well-loved area of Fourways has a reputation as Sandton's fastest-developing residential and commercial hub. It is an upmarket and exclusive address and boasts an abundance of amenities such as shopping malls, things to do, schools and office parks. All of this is set in a beautiful, peaceful location that's widely described as a great place to call home. The broader area of Fourways is made up of a variety of...
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In the news

Discover the ultimate taste of Mozambique at Jonny's in Fourways
"For the best taste of Mozambique this side of Ponto da Ouro, head to Jonny's in Dainfern." This was the advice given to a new Fourways resident by a friend, and better advice has seldom been dispensed by anyone who calls...
 
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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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

26,231.40

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