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R999,000

Monthly Bond Repayment R10,826.23
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1
Monthly Rates
R882

House For Sale in Malvern, Johannesburg

Owner Asking: R 1 599 000


Only Considering offers above: R 999 000



This property comprises two houses, each with its own private entrance, separated by a wall, and a bachelor flat situated at the rear. With its versatile layout, this property presents an excellent investment prospect and could easily be converted into four separate units.



House 1:


As you enter the private entrance of the first house, you are greeted by a spacious lounge/dining area adorned with beautiful wooden flooring and high pressed ceilings. The large windows allow ample natural light, creating a warm and inviting atmosphere.



The kitchen is a standout feature with face brick walls, extensive tiled flooring, and abundant cupboard space. A notable L-shaped center island with a breakfast nook adds character to the space. It is equipped with a double eye level oven, ample space for two large fridges, a double basin, and room for a dishwasher.



The bathroom is generously sized and fully tiled, featuring a toilet, basin, and bath. The main bedroom is expansive, carpeted, and includes wooden cupboards. An open space within the bedroom can be utilized as a small office or sitting area. The second bedroom, also spacious and carpeted, offers plenty of built-in cupboard space and large windows inviting in natural sunlight.



Bachelor Unit:


Situated behind the two houses, the bachelor unit boasts a large area with a built-in kitchen space, including a basin, space for an appliance, and an electric stove/oven combo. The sleeping area is spacious with built-in cupboards leading to a separate bathroom equipped with a toilet, basin, and shower. Note that the ceiling has been repaired. Additionally, there is a shared braai area for all three units, but this space has the potential to be converted into another unit.



2nd House:


The second house has its own private entrance with a front area, high pressed ceilings, and wooden flooring throughout. The large lounge area features big windows, providing a bright and airy ambiance.



The kitchen is equally spacious, equipped with built-in cupboards, an electric stove/oven combo, and ample space for a large double door fridge and an appliance. A separate pantry cupboard/store room off the kitchen adds practicality to the layout.



The bathroom is generously sized and tiled, comprising a bath, basin, and toilet. Both the main and second bedrooms are large, offering cupboard space and big windows, contributing to a comfortable living environment.



Parking


There is currently space for three vehicles to park. If changes are made to the Palisade to another sliding gate, then 4 parkings should become available.



Don't miss the opportunity to explore the potential of 268 Frusquin Street, Melvern – a property that combines practicality, spacious living, and investment possibilities. Contact us today for more information and to schedule a viewing!

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Reception Rooms
3
Sizes
Land Size
495m²
 
  • 1
 

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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

R
%

Monthly Payment

10,826.23

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