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R6,500,000

Monthly Bond Repayment R69,317.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,400

Country Living Gem in President Park, Midrand

Property Review: Country Living Gem in President Park, Midrand

Escape the hustle and bustle of city life and step into the serene world of country living with this exceptional property situated in President Park, Midrand. Boasting a unique blend of rural charm and modern convenience, this smallholding offers an incredible opportunity to not only live but thrive with an active business onsite.

Key Features:

1. Swimming School Business: A standout feature of this property is the active swimming school, catering to close to 400 children per month. The large indoor heated pool, maintained at temperatures ranging from 26 to 30 degrees, provides the perfect setting for swimming lessons year-round. With this established business in place, it offers an excellent opportunity for new owners to seamlessly take over and continue its success.

2. Farm-Style Property: This property exudes a charming farm-style ambiance, making it ideal for running a business and working from home. The open-plan kitchen extends seamlessly to the family room, creating a warm and inviting space for gatherings. Step outside to the wonderful braai area, perfect for alfresco dining, overlooking the exquisite koi pond—a tranquil retreat after a busy day.

3. Main House: The main house boasts 4 spacious bedrooms and 3 bathrooms, providing ample space for comfortable living. The master bedroom is a sanctuary of luxury, featuring an en-suite bathroom with a large walk-in closet. A spacious office with plenty of storage, a pyjama lounge, and a wash/laundry room add to the convenience and functionality of the home.

4. Additional Living Spaces: Attached to the main house is a bachelor flat with a kitchenette, bathtub, shower, and a separate entrance—ideal for guests or additional rental income. Additionally, a two-bedroom cottage offers a generous lounge area and a spacious kitchen, providing comfortable accommodation options.

5. Modern Amenities: The property is equipped with modern amenities for convenience and energy efficiency. A backup power inverter and solar geyser ensure uninterrupted power supply and reduced utility costs. The large yard provides ample space for potential additional buildings or expansion.

6. Parking and Storage: A garage attached to the main house offers secure parking, along with domestic accommodation and a laundry room. Covered carports can accommodate four cars, with additional private parking for tenants and guests.

7. Tranquil Surroundings: Surrounding the property is the peaceful ambiance of country living, with spacious grounds perfect for outdoor activities and relaxation. Enjoy the fresh air, the sounds of nature, and the picturesque views that come with this idyllic setting.

8. Ideal Location: Located in President Park, Midrand, the property offers a serene escape while still being conveniently close to major amenities. Enjoy easy access to shopping centers, schools, restaurants, and major transport routes, making daily living a breeze.

In conclusion, this property offers a rare opportunity to embrace country living while running a successful business from the comfort of home. With its charming farm-style ambiance, versatile living spaces, and established swimming school business, it presents an ideal investment for those seeking a unique lifestyle and income opportunity.

Features

3
5
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
5
Kitchens
3
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
2
Domestic Accommodation
2
Pool
Yes
Sizes
Land Size
8,565m²

President Park, Midrand

The buzzing area of Midrand is situated in-between Centurion and Sandton, and is part of the City of Johannesburg Metropolitan Municipality. Breath-taking views can be seen from astounding residential estate family homes, while stylish apartments in the city centre are sought-after by young adults or newly married couples. Midrand is a thriving business node, home to many leading corporations such as Vodacom,...
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Things to do in Midrand
Midrand is a buzzing city conveniently located in-between Centurion and Sandton. The thriving business node is a favourite for young couples who prefer lock up and go apartments in the city centre, while residential family homes...
 
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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

 

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Monthly Payment

69,317.93

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