R6,000,000
Monthly Bond Repayment R60,913.73
Calculated over 20 years at 10.75% with no deposit.
Change Assumptions
Calculate Affordability
|
Calculate Bond & Transfer Costs
| Currency Converter
MULTI- PURPOSE, Multi family property on market in Eastwood, Pretoria
We are proud to offer an entrepreneur or investor or even a family looking to buy a multi-family home, a rare opportunity to own this prestigious property with endless potential. Designed by renowned architect Sir Herbert Baker not only gives this property significant historic value, but ensures it's relevance in the surrounding area amongst other similar landmarks in this older part of Pretoria, close to the Union Buildings.
With the original front entrance and main house exterior mainly unchanged, the neat and uncomplicated appearance does not prepare you for the abundance that greets you inside. A generous lounge and fireplace area adjoins a grand dining room. Up the stairs waits 3 sunny bedrooms, one with a balcony overlooking the pool, and all with en-suite bathrooms. A large covered patio leads to 2 separate flatlets, each offering privacy and comfort. Both these flatlets could easily be incorporated as part of the main house, or kept separate for rental purposes.
A few steps behind the main house, is a spacious second house/cottage with it's own kitchen, 3 spacious rooms and en-suite bathrooms, kitchen/dining area and a cozy lounge with a fireplace that keeps the whole cottage warm in winter.
A lovely pool just a step away from the main house patio provides a cool escape from warm summer days, while a courtyard between the flatlets and a second house provides an outside area to relax and enjoy coffee breaks.
Also noteworthy:
- NO LOADSHEDDING
- Three phase electricity
- Large capacity water storage tank
- Amazing location, close to Union Buildings - ideal for guests visiting various Pretoria Central venues, government departments, TUKS, etc.
- Large quantity of furniture available to purchase (separate from property sale)
As an investment, the property should provide a handsome ROI for the buyer with entrepreneurial flair and the ability to capitalize on the ideal location and facilities on offer. It is currently utilized as a guesthouse providing good income, but it should be noted that it is not being sold as a business or going concern. A substantial number of furniture items are available to buy should the new owner wish to continue using the property as a guesthouse, but these will not be included in the sale of the property.
This property needs to be seen to understand the full potential, so you are invited to view, and see if maybe you hold a winning hand of cards!
Extras
Air Conditioner; Backup Water; Auto Cleaning Equipment; Balcony; Built in Wardrobes; Carport; Closed Circuit TV; Covered Patio; Fireplace Room; Laundry; Double Storey; Scullery; Storeroom; Storage; Patio; Water Tank