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R19,750,000

Monthly Bond Repayment R214,032.14
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Existing Country Estate for sale in Van Rhyn Small Holdings, Benoni.

Calling on all investors and / or developers!
Opportunity of a lifetime.
Situated in Cloverdene (registered as Van Rhyn SH), this exceptionally neat, secure, spacious and well maintained complex offers the following:
36 Freeholding simplexes comprising of 2 or 3 bedroom units, with either 1 or 2 bathrooms.
These units are all tiled inside, with open plan lounge, dining rooms and kitchen areas (combo scullery).
Modern with each unit having its own enclosed garden (pet friendly) and front patio, with built-in braai.
Security gates and burglar bars protect these properties.
Double carports per unit.
Prepaid electricity and gas stoves.
Remote control entry into the complex.

Block of flats, comprising 5 flats in total (bachelor and / or 1 / 2 bedroom flats).
20 Open stands, within the complex which have recently been approved for development.
This will increase the freeholding units from 36 to 56.
In addition to the above, the complex offers a swimming pool and braai / lapa areas, which can be utilised for parties and / or other events.
Also on offer is a childrens play area.
5 Storage garages, which can be rented.
Water reserve tanks (if needed) which can run up to 6 weeks.
7.5 Hectare stand.
Current rental income = R 250 000 pm, however with the development of an additional 20 units, this income will increase substantially.
The entire complex is fully walled, with electric fencing, and a guard at night.

Don't miss out on this well priced investment.
Phone the agent now for a viewing and make an offer.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Reception Rooms
2
Exterior
Carports / Parkings
3
Security
Yes
Pool
Yes
Views
Yes
Sizes
Land Size
7Ha

Cloverdene, Benoni

Benoni is a sprawling city situated on the East Rand of Gauteng. This area forms part of the Greater Johannesburg region, and since 2000 has been part of the Ekurhuleni Metropolitan Municipality. The "City of Lakes" as it is now known, was proclaimed a municipality in 1907, and achieved city status in October 1992. Whilst Benoni started as a “gold town” it has evolved over the years and is...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

214,032.14

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