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R5,999,000

1161 Waterfall Country Estate, 1161 Mangeni Falls Avenue

Monthly Bond Repayment R65,011.59
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,960

OPPORTUNITY TO COMPLETE LARGE 5 BED HOME IN GREAT LOCATION

Here is an opportunity for a project-minded individual – a mostly completed family home in close proximity to the Reddam Waterfall schools. North facing with solid design principles, this home could be finished and transformed into a spectacular contemporary home. Stacked rock cladding and glass balustrades are a few of the completed finishes.

The double volume glass entrance leads into a bright home, filled with natural light. To the left, there is a guest cloakroom and large study, office, or playroom, with high windows for privacy. The open plan living area begins with the dining room, overlooking a sunken lounge that has floor-to-ceiling glass revealing the rim flow pool. Lofty ceilings allow for maximum light and air flow, accentuated by the off-white palette. The kitchen is further down from the dining room, with sleek duck egg blue cabinets and quartz stone countertops. The central island houses the flat top stove, with an eye-level oven alongside. The separate scullery, with space for three appliances, leads the way into the double and one single garages.

A few steps down from the kitchen, a guest suite (incomplete) is located in a quiet corner. A second lounge, with sunken bar area, is to one side of the eye-catching floating staircase, and has sliding doors opening to the covered patio with built-in braai area. The patio overlooks the rim pool and garden beyond, which is grassed but not yet landscaped.

Moving upstairs, the master suite is to the right – a large room with a balcony that overlooks the garden. It has a walk-in wardrobe and modern en-suite bathroom, with shower and space for a bath. Walking along the landing that overlooks the living area, a room to the right – originally designed as a pyjama lounge, could be used as a study or additional bedroom. At the end of the passage, a spacious room with en-suite bathroom (incomplete) opens to a large balcony that faces the street side. Two more bedrooms, both with full en-suite bathrooms, complete the living arrangements. All the completed rooms have laminate flooring.

A games room/pool gazebo in the garden extends the entertainment area, and a staff room is located off the kitchen yard area. This purchase offers buyers the prospect of completing and customising the existing home, increasing its value, and fulfilling its potential.

Disclaimer
Platinum Residential has taken extensive measures to guarantee the precision of the marketing material presented in this listing. However, it's important to acknowledge that despite our diligent efforts, errors or omissions may inadvertently arise. Please be aware that all information enclosed herein is subject to modifications and updates.

Features

5
5.5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5.5
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
3
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
615m²
Land Size
1,072m²

Waterfall Country Estate, Midrand

Platinum Residential offers a range of residential properties for those wanting to live in Midrand. Midrand is located between Centurion and Kyalami and is part of the City of Johannesburg Metropolitan Municipality. In 1981, Midrand was established as a municipality, but ceased to be an independent town after local government restructuring that followed the end of apartheid in 1994. Midrand has been part of the...
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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

65,011.59

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