House for sale in Glen Austin AH, Midrand

R 6,500,000

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2 months ago75 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):18807
Description
YOUR DREAM INVESTMENT HOME: 4 Bedroom house, 10 cottages, 2 offices, studio

OFFERING ALL INVESTORS or ANY PARTIES interested in running a profitable business to call now.

This is an offer too good to miss. Create an income instantly & watch your investment grow in value year-on-year!!!!

The smallholding consists of 18 807m² land size, and a total of 1 197,8m² under roof.

The property is subdivided, below is a breakdown of what consists on each stand.

Holding 507 Remainder:

Stand: 9406m²

Under Roof: 680,32m²

Property is divided as follows:

Main House: 203m²

Double Garage: 43m²

Maintenance Workshop: 22m²

Main Office, 2nd Office & Studio: 112m²

Paint Store: 6m²

Staff Quarters: 37,29m²

Cottage 1: 53,6m²

Cottage 2: 92m²

Cottage 10: 46m²

Cottage 3: 65,43m²

Includes:

* Water Tanks

* Pumps

* Solar Energy System

Holding 507 Portion 2:

Stand: 9401m²

Under Roof: 517,48m²

Property is divided as follows:

Cottage 4: 52,76m²

Cottage 5: 95,74m²

Cottage 6: 108m²

Cottage 7: 103,33m²

Cottage 8: 97,27m²

Cottage 9: 60,38m²

Includes:

* Cell Phone Mast

A summary of the facilities:

* 19 Bedrooms,

* 10 Lounges,

* 10 Kitchens,

* 10 Bathrooms,

* 6 Separate Laundry's,

* Main House,

* Salt Chlorinated Swimming Pool,

* Double Garage,

* Single Carport,

* 2 Offices &

* Large Studio.

The staff quarters has two bedrooms , kitchen, bathroom, living area and a storage unit.

The cell phone tower creates an additional rental income and assures great network coverage for Vodacom, Cell C, MTN,& Telkom.

All buildings can be supplied with water from the borehole or municipal.

Additionally there are 2 x water tanks 5000lt & 1 x 2500lt coupled to the borehole, filling the tanks automatically via a water pump.

Extremely sufficient Solar Energy System consisting of:

* 1 x 200lt Geyser,

* 2 x 150lt Geyser,

* 12 x Solar Panels,

* 6 KVA Inverter,

* 6 x 100amp 12V each.

Great security system consisting of:

* Double Electric Fence - Backed-up by “The Solar Power System”

* Main fence is 2m high - Backed-up by “a 300m Fence all 9000V”

* Fully compliant with SABS Regulations with a Compliance certificate

* 35 Flood lights - 2 Flood Lights “Fitted with Sirens”

Extra’s included in the sale:

* All curtains & blinds in the main dwelling & stud...

Rates And Taxes: 4927
Property Reference #: 110825698

Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261959329
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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