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R3,899,000 | 4 Bedroom Freehold For Sale in Parktown

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R3,899,000

Monthly Bond Repayment R41,580.09
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R559

A DOUBLE STAND (1 874SQM) WITH A VARIETY OF OPTIONS IN PARKTOWN

Offers from R3,800m

The two erven (notarialy tied) are in the General Urban Zone in terms of the Nodal Review (2020) with easy access to business nodes, hospitals, and highways. A beautifully maintained property not to be missed with a large stand of 1874sqm with +- 560sqm of floor size and loads of opportunity. The existing property consists of 4 bedrooms, 2.5 bathrooms, a study, kitchen, lounge and dining room. The property was used as a large family home with plenty off-street parking as well as having private staff accommodation and additional outbuildings including a WFH office with sauna room and bathrooms.

Located in a quiet panhandle and set on the one side of the large stand allowing for extensive flat gardens. The site has been earmarked for a variety of non-residential land uses including medical consulting rooms and educational facilities which would be perfectly placed on this property.

Additional buildings on the property consist of:
Private staff accommodation with a bedroom and bathroom as well as a garden and separate entrance.
Separate office space with plenty of built-in cupboards with an adjoining sauna room with 4 additional toilets.
Parking includes - Double extra length garage for 4 cars as well as additional secure open parking.
The property is also secured by an electric fence and tight public space security.

A rezoning application will be required in tandem with an application for the removal of restrictive conditions for the title deed prohibiting non-residential land uses.

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Features

4
1
4
Pets Allowed
No
Interior
Bedrooms
4
Bathrooms
1
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Garages
4
Security
No
Parkings
4
Flatlet
1
Domestic Accomm.
1
Pool
No
Sizes
Land Size
1,874m²
1
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