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387 Spionkop Avenue, Northriding

DEVELOPMENT OPPORTUNITY - WEDDING / CONFERENCE VENUE / RESI

DEVELOPMENT OPPORTUNITY - WEDDING / CONFERENCE VENUE/RESI

11 Beds
9 Bathrooms
6 Garages
10 Open Parkings
Electric Fencing
Security

POTENTIAL BUSINESS OPPORTUNITY WITH RESIDENTIAL HOMES ON A HUGE SECURE 2HA PLOT PLUS 4HA OF
DEVELOPABLE LAND WITH THE POTENTIAL FOR 40 HOMES.

Property Location:

Wedding/ Conference Centre and BnB business option on the doorstep of central Jhb. Located +/-2 km from Jackal Creek Corner Convenience Centre, as well as the Northgate Shopping Centre, next door to WEBUYCARS (Dome). Schools and Worship houses are a few km away and Lanseria International Airport is approximately 20km away.

Property Description:

2 Houses

MAIN HOUSE - MODERN AND SPACIOUS WITH BREATHTAKING VIEWS.
5 bedrooms
4 en suite bathrooms, and a 5th bedroom sharing a stylishly appointed bathroom.
The upper floor has a cosy TV Lounge and a balcony accessible from every bedroom.
Downstairs a kitchen and dining area.
Large main lounge.
The property also features a separate flatlet behind the kitchen, a double garage, extensive parking space, and a beautiful driveway adorned with overhanging olive trees.
A housekeeping house with a shower and separate geyser can comfortably accommodate 3 individuals.

SECOND HOME- AN ENCHANTING FARMSTEAD.
6 bedrooms, 2 en suite bathrooms
3 additional bathrooms,.
2 lounges,
Spacious kitchen
Study
Bar area.
Two dining rooms.

OTHER AMENITIES:
6 water tanks as well as a 60kva generator.
Borehole and comprehensive irrigation system over the entire area, maintain the lush greenery.
A gazebo perfect for hosting weddings and other memorable events.
Additionally, a carport with space for at least 6 vehicles and 2 storerooms.
Two swimming pools, a jacuzzi and an aviary.
Putting green with a sand bunker and chipping area.
Tennis court with floodlights.
A practice cricket net.
A Koi pond and registered cycads.
Fully walled with a guardhouse ensuring safety.

Features

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0
Zoning:
Agricultural
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,389m²
Land Size
61,937m²
 
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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

213,044.19

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