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R8,870,000

53 Old Main Road

Monthly Bond Repayment R88,556.30
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R9,018

Exceptional Investment Opportunity in Central Hillcrest

If position, presentation and price are important, look no further! Perfectly positioned in the heart of Hillcrest, just a short stroll from the ever-popular Oxford Village and surrounded by leading medical centres, this versatile property offers a rare chance to secure a valuable and adaptable investment.currently run as a thriving bed and breakfast, the property is ready for its next chapter, whether that’s continuing in hospitality or transforming into a boutique retirement or step-down care facility. The current owners have already begun laying the groundwork for redevelopment, with draft plans in place and conversations started with council regarding a zoning change to Special Intermediate Residential under the Transition Offices category. This opens the door for healthcare related uses, offering exciting potential for those looking to enter or expand within the care or wellness space. There’s also the possibility of subdividing the property into three separate plots, creating further development flexibility and investment appeal.

The main home includes a comfortable one-bedroom residence with a lounge, kitchen, dining room, two offices, and a double garage, currently used by the owners. In addition, there are three generously sized self catering units, ideal for long stays or more independent living arrangements as well five ensuite guest rooms, each with its own private entrance for added comfort and privacy. Fibre internet runs throughout the property, ensuring fast, reliable connectivity no matter the use. Outside, the grounds offer a peaceful setting with fantastic amenities. A sparkling swimming pool with a safety net, a full size tennis court, and a charming garden gazebo complete with a built in gas braai create the perfect environment for relaxation or entertainment. There’s also ample secure parking to comfortably accommodate guests, staff, or future residents. Situated in the sought after Upper Highway area, this property combines tranquil living with unbeatable convenience. Everything you need is just minutes away from the shops and restaurants at Oxford Village to major transport routes and top tier healthcare facilities. Whether you’re an investor, a developer, or simply someone with a vision, this property is brimming with potential and possibilities. Continue its success as a hospitality business or reimagine it as a modern care facility tailored to growing demand , either way, it’s a rare find in a prime location. Call Hayden today to arrange a private viewing and see what this special property could become.

Features

9
9
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
9
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
12
Security
Yes
Pool
Yes
Sizes
Floor Size
445m²
Land Size
4,877m²
Extras
Electric Gate • Washing Machine Connection • Totally Walled • Tiled Floors • Pantry • Oven & Hob • Open Plan • Electric Fencing • Electric Garage • Driveway • Dishwasher Connection • Curtain Rails • Tennis Court • TV Port • Storage • Cooling Fans • Central Vacuum System • Carpets • Burglar Bars • Built in Wardrobes • Sliding Doors • Security Gate • Granite Tops • Garden • Alarm System

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

 

LOAN AVAILABLE

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Monthly Payment

88,556.30

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