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R11,500,000

Monthly Rates
R1,775 Excl. VAT

Situated in Midrand, between Johannesburg and Pretoria,

Situated in Midrand, between Johannesburg and Pretoria, this property offers easy access to major highways connecting to Pretoria, Johannesburg, Lanseria, and ORT International Airport . The property spans 31,198 square meters (3.1198 hectares) and is currently zoned agricultural. It has received approval in principle from the Council for a density of 70-90 units per hectare.

Utilities and Infrastructure
Water: The property is currently supplied with water from a borehole, and municipal water is also available. There is a 3,000L water tank and pressure pump on the property.
Power: Eskom electricity is available on the property, with a 3-phase supply.
Sewerage: Provision for sewerage is planned, and there is an existing sewerage line along the east side of Acacia Road.
Servitude: An Eskom power line servitude runs along the southern boundary of the property, and an Eskom substation is located on a servitude in the south-eastern corner of the property.
Buildings and Facilities
Conference Centre: The property includes a conference center called Edgecombe House Conference Centre. It features 5 conference rooms with verandas, a reception area, a bar, a commercial kitchen with pantry, a large cold room, bathrooms, offices, storerooms, and outdoor areas overlooking the pool and gardens.
Main Residence: There is a charming old farm house with 3/4 bedrooms (all en-suite), multiple bathrooms, lounges, a dining room, a kitchen with a scullery, a walk-in safe, a study, and a covered veranda. It also has a covered bar/entertainment area, a swimming pool, and a carport.
Cottage/Second Residence: The property includes a cottage with 2 large bedrooms, bathrooms, a walk-in cupboard/strong room, a study, an open-plan lounge, a dining room, a kitchen, and a laundry/storeroom. It also has a carport.
Out-Buildings: There are additional out-buildings on the property, including a shed, a laundry/storeroom/office complex, a converted container, staff quarters, and a hothouse.
Property Size and Infrastructure Areas
The property consists of various areas under cover, including the conference center, verandas, deck, kitchen and related outbuildings, main house, cottage/second residence, shed, laundry/office complex, storerooms, container, and staff quarters. The sizes of these areas are provided in square meters.

General Information
The property is fully electric-fenced with a 2.4m high fence coupled to an alarm system. It operates on septic tanks and French drains for sewage disposal.

Features

0
12
Title:
Freehold
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
2,190m²
Land Size
3Ha
Parking Bays
Open Parking Bays
12
 
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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

163,333.88

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