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R8,995,000

Monthly Bond Repayment R95,925.35
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R5,100

PRIME LOCATION!! Spacious Luxury Fully Furnished 4 Bedroom Home PLUS 5 Fully Furnished Rentable Unit

The Oak Tree Cottage is an upscale, secure residence that offers serene country living while remaining conveniently close to all amenities and shopping centers. The property is fully enclosed with an alarmed electric fence, featuring park-like gardens and a sparkling pool. Additional amenities include a braai and boma area, secure off-street parking, laundry facilities, uncapped WiFi, and domestic services. This versatile property can serve as a grand private mansion or be used as a private home with multiple rental units, according to your preference.

Summary of Property/Business Strengths:
Prime Location
Large ERF
Fully established property and up market living facilities.
Very flexible living options as this property could easily be utilized as a large family home and still have 5/6 rentable apartments.
100 Percent occupation over the past 4 years
All apartments are beautifully furnished
Each apartment has its own private entrance
Unique successful business model with proven track record
Well organized facility, low running costs.
Great investment opportunity with a competitive ROI

Description of Dwellings

Main House
Is a Spacious 4 Bedroom Luxury Fully Furnished House. Enter this beautiful home from an elevated private deck looking over the sparkling pool. Double doors lead you into a sunny open plan entertainment area consisting of a lounge, pub and dining area. There is a separate large TV lounge, fully fitted granite kitchen and scullery with gas stove. Stunning spacious main bedroom with king sized bed, MES bathroom and own fireplace. The second bedroom has two single beds and large MES with walk in shower.
The 3rd bedroom is tastefully furnished and can use its own very private entrance with large, elevated deck and beautiful views. Enter this tastefully furnished unit to an open plan TV lounge and bedroom with comfortable queen-sized bed and plenty of BIC space. There is a separate well-equipped kitchenette and large MES with bath and separate shower. The 4th bedroom is a lovely furnished studio apartment, also with a very private elevated deck with beautiful views. There is a comfortable double bed with MES and small open plan kitchenette with lots of storage space. The main feature of this studio is the elevated large deck with its own webber braai, gas skottle and deck furniture.

Unit 1: Spacious Fully Furnished Studio Apartment.
Beautifully furnished upmarket studio with a large king size bed, open plan TV lounge, kitchenette and separate MES with shower and bath.

Unit 2: Luxury Fully Furnished 1 bedroom Apartment.
This is a tastefully furnished one bedroom unit on ground floor. Big double doors lead you into an open plan lounge and kitchenette. The separate bedroom has a queen-sized bed with lovely MES bathroom. You also have your own private outside patio area to relax and braai.

Unit 3: Spacious Luxury Fully Furnished 1 Bedroom Apartment.
A private patio leads you into this tastefully furnished upmarket one bedroom unit. There is a large open plan lounge, kitchenette and study area. The bedroom has a comfortable queen-sized bed and huge MES with shower and separate bath.

Unit 4: One Bedroom Tastefully Furnished Apartment.
Beautiful sunny and warm North facing one bedroom unit. Featuring a private entrance deck, leading into an open plan lounge and kitchenette. Large bedroom with BIC's and MES.

Unit 5: Large Private 1 Bedroom Beautifully Furnished Garden Cottage. Featuring a private entrance hall, large bedroom with BIC's and king-sized bed (or 2 single beds) and MES. The passage leads to a 2nd bathroom, open plan lounge and kitchenette. Double doors open out to a beautiful private deck and garden area.

Please note that this is an income generating property that is CC and VAT registered

Feel free to contact the agent for further information and discussion.

Viewing is strictly by appointment.

Features

4
4
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Carports / Parkings
10
Security
Yes
Flatlet
5
Pool
Yes
Sizes
Floor Size
900m²
Land Size
1,983m²
 
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

95,925.35

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