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R2,500,000

Monthly Bond Repayment R27,092.68
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R990

A Classic Home Looking For A New Lease On Life.

A unique opportunity nestled across three large stands in the heart of Fellside situated on Louis Both Avenue and Davidson Street, two of the most sought after streets within the Johannesburg area due to its location and security. The Homes main entrance is situated in a 24Hr Access Controlled Area and has been kept to its original stature. The Home is surrounded by properties that hold great value due to the Development and Safety within Fellside. It is surrounded by properties that serve as a Business Sector but with Residential Homes as the backbone.

Details:
- Stand Size Across All Three Stands - 495sqm, 469sqm and 439sqm respectively.
- Two Gated Entrances.

Main Residence:
- 3 Bedrooms
- 2 Bathrooms
- One Main Lounge
- Dining Room
- Sizeable Kitchen with a Scullery
- Courtyard Area leading to Outbuildings
- Two Additional Store Rooms on either flank of the House
- Main Residence is built over Two Stands

Second Stand/Outbuildings:
- 4x 1 Bedroom Apartments with their own Private Bathroom - Potential ROI of R3,000 per month.
- Single Garage with Plans to extend it to a Double Garage

Third Stand:
- Parking Lot for over 16 Cars with the respective Rights accessed from Corner Davidson Street/Louis Botha Avenue.

An Ideal home for an Investor looking for an opportunity of development on site or converting the existing structure to suit the respective needs in a business or residential capacity. With the addition of the 24Hr access controlled area alongside the location and exposure to Louis Botha Avenue, a number of opportunities can be explored. Experience the perks of owning a property that has three major options to consider for short term, medium term, and long term planning. Certainly a property to consider. All further information is available on request.

Features

7
5
1
Interior
Bedrooms
7
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
16
Flatlet
4
Domestic Accommodation
1
Sizes
Floor Size
400m²
Land Size
1,403m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

27,092.68

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