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R4,950,000

24 Montrose

Monthly Bond Repayment R51,938.17
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,500

Prime 5,567m² Property in Montrose – A Developer’s Dream!

Nestled in the highly sought-after northern suburb of Montrose, this expansive 5,567m² property offers an incredible opportunity for both developers and homeowners. Set in a peaceful cul-de-sac, just minutes from Liberty Mall and with easy access to the N3, this property is ideally positioned for convenience and growth.

The property is on the verge of being rezoned for medium-density development, making it a perfect investment for developers looking to capitalize on the area’s potential.

Features:

• Original character home with high ceilings and Oregon floors
• Spacious main lounge with a cozy fireplace
• 5 large bedrooms, all with built-in cupboards
• Front and back verandas, perfect for enjoying the outdoors
• Convenient laundry room
• Freestanding garage with ample parking space
• Swimming pool requiring some TLC
• Breathtaking views
• Domestic accommodation included
• R250,000 worth of bricks included on-site – ready for your next project

Located close to top schools, this property offers both development potential and the charm of a family home. Whether you’re looking to reside in a serene setting or develop a lucrative project, this property ticks all the boxes.

Calling all developers – this is the opportunity you’ve been waiting for!

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
250m²
Land Size
5,567m²
 
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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

51,938.17

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