SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R1,495,000

Monthly Bond Repayment R15,943.12
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Monthly Rates
R1,152

House For Sale in Randhart, Alberton

If you're looking for a promising property investment or a home project with great potential, this residential property is the perfect opportunity.


 It offers versatile options for both investors, developers or homeowners who want to shape it according to their needs. This property provides significant room for growth and customization, making it an attractive option for those looking to increase their returns in the real estate market.


Property Overview


This property is subdivided into two stands, making it an attractive choice for those looking to maximize value. The main house is designed with 3 bedrooms and 2 bathrooms, one of which is en-suite for added convenience. There is potential to improve the open-plan layout that connects the kitchen, dining area, and family room, creating a spacious and comfortable living environment. There’s also a separate lounge for more private gatherings.


Investment-Friendly Features


Key features that make this property appealing for investment include:


• Subdivided stands: The potential to develop the second stand into a new structure, or sell it independently, maximizes the return on investment. 


• Outside buildings: Staff quarters with a toilet offer additional space that could be repurposed or used as-is.


• Double carport: and Swimming pool: 


Development Potential


What makes this property especially exciting for investors is the option to convert the current family room into a separate 3-bedroom, 2-bathroom home. This additional unit would feature its own lounge and kitchen, creating the possibility of dual rental income from the same property. This makes the property a fantastic opportunity for investors who may want to create rental income or homeowners looking for additional living space for family or guests.


Central Location


The property is located close to shops and schools, making it highly desirable for families. This central positioning increases the likelihood of attracting long-term tenants or buyers, ensuring a steady rental income or quick resale after development. With demand for well-positioned residential properties rising, this location is set to see value appreciation in the coming years.




Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
No
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
992m²
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Houses for sale in Randhart, Alberton.

Disclaimer: While every effort will be made to ensure that the information contained within the RE/MAX ADVANTAGE website is accurate and up to date, RE/MAX ADVANTAGE makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

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

15,943.12

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.