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R3,700,000

Monthly Bond Repayment R32,697.30
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

24 CARAT LOCATION!

Located in the prestigious residential precinct Woodmead Springs in Woodmead, this enchanting and immaculate property awaits the discerning buyer who wants as many options as any property could afford. It is not easy to describe this magnificent home adequately as it is many things and affords the owner a host of possibilities.
Nestled in an exclusive residential part of Woodmead, 5 minutes from King David School on Bowling Avenue, and the Woodmead Shul, 10 minutes from Sandton's bustling CBD, the main highways and the very best schools, this magical property presently consists of two separate self-contained homes but comes with many options.
It could serve as a profitable Airbnb as both sections lend themselves perfectly to the purpose if furnished, or one section could be a home for the owner with the other section a lucrative rental possibility providing income, then it could be a home for the owner with an extremely convenient granny-flat or ideal pad for an older child next door, or it could be a work-from-home in one section while living comfortably in the other section. Then there is the option of turning the property back into one large home which would consist of 4 bedrooms with 4 bathrooms. This transformation would be a simple and inexpensive procedure as the property was once a 3 bedroom house which has been cleverly modified by the present owners.
This property is unique in that, once converted back into one single dwelling, any alterations to the initial home were built and designed to accommodate a second floor extension above it, if so desired, making it an even more attractive consideration and adding maximum value to an already priceless piece of real estate.
This amazing property has to be seen to fully understand the potential and opportunities available, and a discerning buyer would require less than half an hour to envisage what one could do to maximize its potential. Definitely an opportunity not to be missed!

Features

4
3.5
2
Interior
Bedrooms
4
Bathrooms
3.5
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Security
Yes
Domestic Accommodation
1
Sizes
Land Size
1,092m²
Extras
Satelite Dish & ADSL Line

Woodmead, Sandton

THE GREATER SANDTON AREA: With Sandton City precinct as our very own ‘Wall Street’, Sandton is the central business and financial hub of Johannesburg. This richest mile in Africa boasts some of the most premier commercial and residential property in the country.  The Sandton CBD offers lux accommodation for the person who prefers to be closer to the office with an array of trendy shopping and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Frankie Bell's Real Estate website is accurate and up to date, Frankie Bell's Real Estate 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

32,697.30

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