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R6,500,000
R6,500,000
Monthly Bond Repayment R69,317.93
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R1,615
R1,615
HIGH POTENTIAL PROPERTY
Security tower
12 Parking bays
Double Volume Reception
100m2 Work area
2 Living areas
2 Patios
100m2 Entertainment area
Rooftop area
Large kitchen
Scullery
Laundry
5 Ensuite bedrooms
7 Bathrooms
Staff quarters
Moroccan House is a landmark on Atterbury Road in Menlo Park. This perfectly positioned property has enormous business potential, it is the perfect location for a guesthouse, upmarket young professional accommodation, a beauty spa, an art gallery, or home offices……the options are endless. It is close to Menlyn Park shopping centre, the University of Pretoria and Menlo Park High School with easy access to the N1 highway.
The unique character of this sprawling building captures you from the moment you drive in. There is parking for 12 cars, an arrival patio under the trees and a beautiful double volume reception. An elegant staircase leads up to the large first floor open plan work area which also has a cloakroom and a large private boardroom/directors office at the far end. The area could be perfectly converted into 4 ensuite guestrooms each with a private balcony overlooking the garden below, several offices, or just used as an open plan work area. Follow the staircase further up and you arrive on the rooftop, a magnificent vantage point over Menlo Park which could be converted into a further apartment, an office canteen, a bar or a massage retreat…..
A separate entrance on the ground floor leads to a magical enclosed garden and koi pond area with a covered patio, living area and 3 large ensuite bedrooms. The rooms all lead out onto a verandah overlooking the garden and could generate income as Airbnb rentals, or form part of a guesthouse……A large double volume entertainment area with a well-appointed kitchen, laundry and scullery is ideal for conferences or small functions.
A beautiful wooden Moroccan door leads to a private separate garden court with a 2 bedroomed garden flat, complete with living area and kitchen, currently available to rent on Airbnb but could also be rented out to a permanent tenant.
Other features are the security tower at the entrance which houses the security/groundsman, an additional housekeeper’s quarters, a borehole and a generator for back-up power.
All of this within walking distance of Menlo Park shopping area with all of the necessary convenience shops and the Greenlyn Centre with restaurants, pubs and a theatre.
Features
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
6
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
11
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
793m²
Extras
Tiled Floors • Open Plan Room • Built In Bar • Washing Machine Connection • Dishwasher Connection • Breakfast Nook • Extractor Fan • Granite Tops • Laundry • Under Counter Oven • Special Lights • Borehole • Built In Braai • Balcony • Patio • Secure Parking • Visitors Parking • Office • Staff Quarters Domestic Rooms • Studio • Flatlet • Domestic Bathroom Bathroom • Electric Gate • Security Gate • Intercom • Guard House • Irrigation System • Water Feature • CourtyardMenlo Park, Pretoria
Menlo Park is an upmarket suburb nestled in the eastern quadrant of Pretoria and is bordered by the suburbs Waterkloof, Brooklyn and Lynnwood. Considered one of the most sought-after suburbs in the city, residents of Menlo Park enjoy a good selection of top-notch schools, trendy shopping malls, state-of-the-art-hospitals and interesting attractions.
There are two main highways running through Menlo Park that...
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