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R3,400,000

Monthly Bond Repayment R36,258.61
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,660

Exceptional Investment Opportunity – Two 3-Bedroom Homes and a 2-Bedroom Flatlet on One Property

Nestled in a serene and sought-after neighborhood, this unique property offers an exceptional investment opportunity for astute buyers looking to capitalize on rental potential. Comprising two three-bedroom homes and a two-bedroom flatlet on a single expansive plot, this property is perfect for investors, large families, or those seeking a multi-generational living setup. With a total of eight bedrooms, six bathrooms, three lounges, two kitchens, four garages, and a swimming pool, this property is a rare find that combines comfort, convenience, and potential for substantial returns.

Main Features:
Eight Spacious Bedrooms:
This property features a total of eight well-appointed bedrooms spread across two distinct homes and a flatlet. Each bedroom is designed with comfort in mind, offering ample space for relaxation and rest. The bedrooms in the main houses are complemented by built-in wardrobes, ensuring plenty of storage space for all your needs.

Six Modern Bathrooms:
With six bathrooms throughout the property, there's no need to worry about queuing in the morning rush. The bathrooms are a mix of en-suite and shared, each designed with modern fixtures and finishes. Clean lines, elegant tiles, and well-thought-out layouts make these spaces both functional and inviting.

Three Spacious Lounges:
The property boasts three lounges, providing multiple living areas for family members or tenants to unwind. Whether it’s a cozy night in with a movie or a gathering with friends, these lounges offer the flexibility and space needed for various activities. The design of these lounges ensures that they are bathed in natural light, creating a warm and inviting atmosphere.

Two Fully-Equipped Kitchens:
Both main homes come with fully-equipped kitchens, designed to cater to the culinary needs of residents. Each kitchen features modern appliances, ample countertop space, and plenty of storage. The open-plan design allows for easy interaction with guests while cooking, making these kitchens not just functional but also a central hub of the home.

Four Secure Garages:
Parking will never be an issue with four garages available on the property. These garages offer secure, covered parking for vehicles, as well as additional storage space. This feature is especially appealing for tenants with multiple cars, adding to the rental value of the property.

Swimming Pool:
A sparkling swimming pool adds a touch of luxury and offers a perfect spot for relaxation and recreation. Whether it’s taking a dip on a hot summer day or hosting a poolside braai, this feature enhances the lifestyle appeal of the property and is sure to attract potential tenants.

Investment Potential:
This property is a prime candidate for investors looking to maximize rental income. With three distinct living units on the same property, there is potential for multiple income streams. The two three-bedroom homes can be rented out individually, while the two-bedroom flatlet offers an additional source of rental income. The layout of the property allows for privacy between units, making it an attractive option for tenants who value their space.

Given the demand for rental properties in this area, investors can expect a strong return on investment. The property is also suitable for short-term rentals or holiday letting, further enhancing its income potential. For those considering long-term investment, the property’s location in a desirable neighborhood ensures that its value will appreciate over time.

Conclusion:
This property presents a rare opportunity to acquire a versatile and income-generating asset in a prime location. With its eight bedrooms, six bathrooms, three lounges, two kitchens, four garages, and a swimming pool, it’s well-equipped to meet the needs of a wide range of tenants. Whether you’re an investor seeking a high-yield property, a large family looking for space, or someone interested in multi-generational living, this property offers a wealth of possibilities. Don’t miss out on this exceptional opportunity to secure a property with immense rental potential


Willem Odendal, registered with the PPRA as a Candidate Property Practitioner, under real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, who does not operate a trust account.

Features

8
6
Interior
Bedrooms
8
Bathrooms
6
Reception Rooms
5
Exterior
Flatlet
1
Pool
Yes
Sizes
Floor Size
232m²
Land Size
994m²
Extras
Alarm System  • Electric Fencing  • Fence  • Paveway

Verwoerdpark, Alberton

Alberton property caters for all types of budgets and offers an excellent environment for families. Alberton is situated within the East Rand of Gauteng and is within 20 minutes of the city centre, making it ideal for those working in and around the Johannesburg CBD. New developments in the area have made it a very convenient and attractive option for many. Old Alberton has many older properties and a number...
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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

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Monthly Payment

36,258.61

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