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R3,890,000

24 Barron Road

Monthly Bond Repayment R41,484.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R3,255.1

AT R32,300 A MONTH THIS IS BEST INVESTMENT MONEY CAN BUY!!!!

Welcome to the best return on investment in property you are bound to find. Introducing this exceptional property in the best address in Albany Hillcrest! South Fork Mews is a property designed specifically to accommodate tenanted options for extra income generation in separate studio flatlets and a one-bedroom garden cottage that are privately situated for simplified separate living. Additionally, it combines a communal atmosphere where one can gather and entertain, also ideal for extended family living.

This property offers a main three-bedroom home, a two-bedroom flatlet above the house, two studio flatlets, and a standalone one-bedroom open-plan garden flatlet. There is ample parking with two garages, five covered spaces, and additional open parking space for up to five vehicles. All of the units have pre-paid meters and have long-standing tenants wanting to stay on. The main house can also be rented out for R17,000 per month, making it an outstanding income-generating property. Alternatively, should one have an extended family, this property can be reconfigured to suit a large family wanting to cohabit and consolidate. The 520m² home boasts granite kitchen countertops, modern fittings and fixtures, laminate flooring, air conditioning, and cooling fans. There is also a separate scullery and laundry room. The lounge is spacious, with French doors leading out to the undercover entertainment area with a jacuzzi. This spacious and inviting indoor space also features a lovely cast iron fireplace, ideal for those chilly winter nights. All of this sits on a large, level stand that is fully walled with an electric fence all the way around and has solar panels and JoJo tanks, making the property safe and convenient. This property is a unique opportunity for both investors and families seeking a versatile and high-quality living space. Don't delay, call me, Cara Ridl, property specialist, for an exclusive viewing of your dream home with additional income generation!

Features

8
7
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchens
4
Reception Rooms
7
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
4
Domestic Accommodation
1
Sizes
Floor Size
520m²
Land Size
1,832m²
Extras
24 Hour Access • 24 Hour Response • Air Conditioner • Awning • Balcony • Garden • Granite Tops • Scullery • Septic Tank • Sliding Doors • Breakfast Nook • Built In Braai • Built in Wardrobes • Burglar Bars • Centre Island • Cooling Fans • Jacuzzi • Communal Braai Area • Curtain Rails • Driveway • Electric Garage • Electric Fencing • Laminated Floors • Lapa • Laundry • Open Plan • Oven & Hob • Pantry • Tiled Floors • Totally Walled • Under Counter Oven • Veranda • Walk In Closet • Washing Machine Connection • Electric Gate • Entrance Hall • Extractor Fan • Fireplace • Covered Patio • Paveway

Hillcrest Central, Hillcrest

Hillcrest Central Hillcrest Central is the bustling heart of the Hillcrest suburb, offering a wide range of amenities and attractions. It is home to a variety of shops, restaurants, businesses, schools, and more, making it a convenient and vibrant place to live, work, and play. Shopping Hillcrest Central is a shopper's paradise, with a variety of shopping centres to choose from, including Hillcrest Corner,...
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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

41,484.11

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