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R1,549,000

Monthly Bond Repayment R16,786.62
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R700

Investors dream in Vorna Valley - 6 Bedroom house with potential to expand

This home located in Vorna Valley is an investors dream ! Positioned within a boomed street in Vorna Valley with a patrolling guard security is no concern. The home is made up of 3 separate buildings , namely the main house (+/-160m2) a self contained cottage (+/-130m2) and a large entertainment room (+/-140m2). The property is in need of some cosmetic upgrades however offers huge potential to someone looking to invest in additional rental units or looking to run an office from home.

MAIN HOUSE (+/- 160 m2)

- The main house offers 3 generously sized bedrooms all of which are fitted with laminate wooden flooring.
- 2 bathrooms are located in the main house, the family bathroom offers a tub while the main en suite is a full bathroom.
- The main house offers a bright North facing TV lounge and an open plan dining area with tiled floors.
- The kitchen in the main house is well sized however it does require upgrade.
- Single garage with roll up steel door. The garage offers an additional storage area located off of the garage. The paved driveway allows ample additional parking for visitors.
- The property offers an outdoor staff room, however there are no available ablutions.

SELF CONTAINED COTTAGE (+/- 130 m2)

- 3 bedrooms which have carpeted floors.
- 1 full bathroom.
- Neat open plan kitchen with space for 1 under counter appliance.
- Open plan living area with tiled floors.

ENTERTAINMENT ROOM (+/- 140 m2)

- The property offers a large separate entertainment room with thatched roof. The entertainment room is +/- 140 m2 in extent and is fitted with a bar and offers 2 separate guest loos. This would be a perfect area to convert into an additional cottage for rental or possibly an office from home.

Features

6
3.5
1
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3.5
Kitchens
2
Reception Rooms
4
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
1
Domestic Accommodation
0.5
Sizes
Floor Size
430m²
Land Size
978m²

Vorna Valley, 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

16,786.62

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