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R4,300,000 | 11 Bedroom House For Sale in President Park

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R4,300,000

Monthly Bond Repayment R45,118
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,198

Income-generating property with endless possibilities in the heart of Midrand

SOLE MANDATE

Are you looking for an oasis in Midrand? This tranquil agricultural holding in Midrand features natural vegetation, abundant bird life, a natural wetland (seasonal), privacy, and security.

The French-styled farm village is ideal for multi-generational living. It features 7 cottages with loads of accommodation: sleeps up to 20 people, has undercover parking for 8 cars, and currently generates excellent rental income. Six of the seven cottages have kitchens with gas ovens and hobs. Each cottage has Wi-Fi for residents' convenience.

Cottages 1,2,3 consist of 2 bedrooms and 2 bathrooms each

Cottage 4 has 1,5 bedrooms and two bathrooms and a private roof garden

Cottages 5 and 6 are I bedroom and I bathroom each

Cottage 7 has 2 bedrooms, a bathroom, a large farm-style kitchen, two lounges and access to a large outdoor boma with a pizza oven and built-in braai area.

The covered outdoor entertainment area with a pizza oven and braai area makes a wonderful setting for small functions, mini-conferences, training sessions etc. The terraced vegetable garden is ideal for homegrown vegetables. The indigenous vegetation creates a low-maintenance, eco-friendly environment including gas and solar geysers.

Set on a hectare, this safe and secure panhandle property is perfectly positioned for convenient access to the N1 highway, Gautrain, Grand Central Airport, Mall of Africa, Turkish Mosque, and the Waterfall and Midrand business precincts. It is conveniently located 5.6 kilometres from Life Carstenhof Hospital and 5.1 kilometres from Netcare Waterfall City Hospital, making it ideal for a post-op recovery centre or a health spa. The property is located 3 km from Eduvos Private Higher Learning Provider.

This versatile property can be used for leisure, residential, business, or a combination, and can be adapted to suit most requirements. If you want to generate income, have a large family, or use this as your business premises, then this property is essential viewing. There is ample space to build additional cottages – invest in this property and let the income pay your bond.

Viewing by appointment only.

Book your viewing now before this property is sold.

Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.

Features

11
11
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
11
Kitchen
7
Reception Rooms
8
Furnished
No
Exterior
Security
Yes
Parkings
8
Flatlet
7
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
645m²
Land Size
8,710m²
Gary Vipond
Gary Vipond
Non-Principal Property Practitioner Show number View my listings WhatsApp
William Stephens
William Stephens
Principal Property Practitioner Show number View my listings WhatsApp
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