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R2,395,000

Monthly Bond Repayment R25,129.68
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

Investor's Dream: Prime Property in Krugersdorp with Exceptional Conversion Potential

EXCLUSIVE MANDATE - VIEWING BY APPOINTMENT ONLY!!!

Guest House, Frail Care, Offices, or Rental Accommodation. Ready for Transformation!

Nestled in the heart of Monument, Krugersdorp, this property is an investor's dream, offering exceptional opportunities for conversion into a wide range of ventures. With a mix of residential units and spacious living areas, this property could easily be transformed into a **frail care facility, offices, a share block/complex, a guest house, or rental accommodation**. The property is in excellent condition, well-maintained, and requires minimal to no repairs, making it ready for immediate conversion into your desired venture.

Accommodation Features:

The property includes a **Main House** and **9 flatlets**, providing versatile living spaces for potential tenants or future occupants.

- Main House:
- 1 Bedroom, 1 Full Bathroom
- Large open-plan farmhouse-style kitchen and built-in fridge
- Spacious lounge with beautiful wooden floors
- Adjoining flat with a private courtyard, including 1 bedroom, bathroom, kitchen with a scullery, and lounge and a cozy fireplace
- Internal access between the main house and adjoining flat via a door

- Flatlets:
- 1x 2-Bedroom, 2-Bathroom Cottage with kitchen, scullery, and private courtyard with built-in braai
- 1x 1-Bedroom, 2-Bathroom Cottage with kitchen, dining room, loft area, and small private garden
- 2x Bachelor Flats each with a private courtyard
- 1x Upstairs 1-Bedroom, 1-Bathroom Flat with kitchenette, lounge (carpeted), and great privacy
- 1x Bedroom Cottage with full bathroom (shower), separate toilet, large kitchen, and sliding doors leading to the pool area
- 2x Bachelor Flats:
- One with a kitchenette, office space, and bathroom with shower
- One with office space, kitchenette, washing machine connection, and bathroom with a large shower

Additional Features:

- Workshop & Store Room
- Staff Toilet
- Large Communal Pool
- Ample Parking
- Very Low Rates at only R1200 pm

Ideal for Various Ventures:
With its central location, close to schools, coffee shops, malls, and restaurants, the property is ideally situated for business conversions. Whether you envision a guest house, rental accommodation, offices, or even a frail care facility, this property is ripe for the picking.

The new owners will need to handle some logistics of converting this residential property into their desired venture, and with the current infrastructure, the transition will be seamless.

This property offers not only a unique investment opportunity but also the potential for high returns. Don’t miss out on this versatile gem!

Contact us today to discuss the vast potential and arrange a viewing!

Features

12
14
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
14
Kitchens
12
Reception Rooms
9
Studies
2
Exterior
Carports / Parkings
10
Flatlet
9
Pool
Yes
Sizes
Land Size
1,203m²
Extras
A_Frame Loft • Above Road • Accommodation • Bachelor Studio • Bath • Bath, Toilet and Basin • Basin • Built In Braai • Breakfast Nook • Cluster Home • Built in Wardrobes • Burglar Bars • Carpets • Carport • Centre Island • Common Toilet • Courtyard • Curtain Rails • Double Storey • Dual Living • En Suite • Flatlet • Fridge • Full • Half Bathroom • Handicap Available • Mainen Suite • Multi Storey • Near Bus Service • Near Mini Bus Service • Office • Pool Shed • Open Plan Kitchen • Open Plan Room • Residential • Scullery • Shower • Separate Toilet • Shower, Toilet and Basin • Sliding Doors • Storeroom • Wheelchair Accessible • Wooden Floors • Workshop
 
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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

R
%

Monthly Payment

25,129.68

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