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R4,500,000

Monthly Bond Repayment R47,989.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Income generating - Home and Business

Situated in a very sought after street in Flamingo Park, this beautiful 4 bedroom family home is waiting to welcome its new owner.

Together with the home is a well-established business with a solid monthly turnover and strong client base which has been run from the property for over two decades.

Built on pylons, this strong and sturdy house which is set on a 3 000m2 stand is a family's dream.
This property consists of four well sized bedrooms, one with an on suite, a second bathroom and a guest toilet.
A large kitchen with a scullery leads into a dining room and then a large living room.
The patio overlooks a beautiful swimming pool and the large garden.
The house has three garages, a granny-flat and another two garages where the business is run from.

With the ongoing frustration of load-shedding, a 50Kw diesel Generator has been installed which comfortably runs the entire property.

This opportunity is aimed at someone who would like to move into a house and make it their home whilst continuing with the business.

If you have a family or are planning one, want to move into your ‘forever home’ and run a successful business, then this is for you.

The perusal of the business financials will be made available to prospective buyers upon request and viewing of the property is strictly by appointment only.

Features

4
2.5
5
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
5
Carports / Parkings
1
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
350m²
Land Size
3,029m²

Flamingo Park, Welkom

Background and Historical Information of the Area Welkom, located in the Free State province of South Africa, has a rich history dating back to the late 19th century. In 1946, gold was discovered on a farm called St. Helena, sparking a gold rush in the area. This discovery led to the establishment of Welkom as a mining town and played a significant role in the development of the region. Area...
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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

R
%

Monthly Payment

47,989.33

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