R3,290,000
Monthly Bond Repayment R34,520.52
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,122
Stunning Investment: Double Corner stand consisting of a 7-bedroom house and a 3-bedroom duplex.
Currently laid out as per the below description:
The Seven(+) Bedroom House:
Temporarily used as a four-bedroom house, 2 x one-bedroom garden flats and a bachelor's flat.
The separate units have closed access doors to the main house.
- Three Bedroom House:
Backyard with an inner court under the roof.
Front garden with a pool and entertainment area.
Fence and separate entrance with an electric gate to the street.
Double garage.
Main bedroom with an en-suite bathroom.
Additional two bedrooms.
One study (currently being used as the fourth bedroom).
Separate bathroom.
Separate toilet.
Separate dining room, lounge, and kitchen.
- One Bedroom Garden Flat:
Front garden.
Fence and separate entrance with a roll-up door to the street.
One bedroom.
Bathroom with a shower.
Open-plan lounge and kitchen.
- Second Garden Flat:
Front fence and separate entrance with a roll-up door to the street.
Two separate rooms.
Bathroom with a shower.
Additional area under the roof.
- Bachelor's Flat:
Front fence and separate entrance gate to the street.
Spacious living room/bedroom connected to the kitchen.
Bathroom with a shower.
The three Bedroom Duplex-House:
Backyard with a garden.
Fence and separate entrance with an electric gate to the street.
Front garden.
Fence and separate second entrance with an electric gate to the street.
Double garage (one side not fully closed).
Alarm system.
Ground floor: Main bedroom with an en-suite bathroom.
Two additional bedrooms.
Separate bathroom.
First floor: Open-plan dining room, lounge, and kitchen.
Opens up to a big stoep with a view.
Mezzanine: Spacious area (4.6x8.8m) suitable for creating two additional rooms.
Various Options to consider:
- Investment: The property offers five separate units that can be rented out, providing a positive cash flow. The estimated total return on investment is approximately R38,000 per month, based on local rentals, surpassing the CPI.
- Partial Occupation: Occupy one unit and rent out the remaining four units for additional income or to cover the bond payment.
- Multi-Family Living: Occupy one unit for personal use while utilizing the other units for grandparents, kids, or visitors. The remaining units can be rented out for extra income or to cover the bond payment.
- Combination: Explore combinations between the seven(+) bedroom house and the three(+) bedroom duplex-house for personalized use or rental purposes.
- Customization: There are various combinations and permutations available based on your specific requirements and preferences.
Additional Information:
- The construction of the duplex was done under the supervision of a civil engineer, ensuring a solid and weatherproof building.
- Windows have security bars, although the area is considered safe with no incidents reported in the past 36 years.
- Each unit has separate access and secure fences, including palisades or vibracrete + palisade.
- The property is located in a quieter area with a view to the north and the mountain to the south.
- Within walking distance to shopping centers and in proximity to hospitals, doctors, dentists, schools, and more.
- The Community Police Forum is very active and effective, ensuring good cooperation with the South African Police Service (SAPS).
Don't miss this opportunity to own a property with various potential uses and rental income possibilities. Contact us now to arrange a viewing and further discuss the details of this unique property in Magalieskruin, Pretoria.
Features
Interior
Exterior
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Magalieskruin, Pretoria
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