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R7,000,000

41 East Road

Monthly Bond Repayment R72,253.19
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Endless Potential in a Prime Location: Development Opportunity or Dream Family Home

Situated in the secure and sought-after boomed enclosure of Morningside, this unique property offers an exceptional opportunity for developers or families. Spanning 3,966 sqm, the land is already zoned Res 3 for up to 12 units, making it an ideal prospect for those looking to invest in a high-demand area close to schools, shopping centers, and major transport routes.

For those seeking a family home, this property is a haven of comfort and entertainment, surrounded by mature trees and ample outdoor space for making lifelong memories.

Development Features:
- Zoned for up to 12 residential units (Res 3)
- Prime position in a quiet, well-established area
- Exceptional proximity to local amenities and infrastructure

Family Home Highlights:

- Outdoor Lifestyle: A sprawling garden hosts a large pool, a jacuzzi deck, a private boma, and spaces perfect for sports and play.

-Living Spaces: The home features a welcoming entrance, formal lounge, dining room, and a family/TV room. The open-flow design creates a bright and airy ambiance, perfect for both relaxation and entertaining.

-Kitchen: Fully equipped with a gas hob, oven, and ample counter space, complemented by a breakfast nook for casual meals.

-Bedrooms: The main en-suite is a private retreat with a walk-in dressing area and an outdoor shower. Three additional bedrooms offer flexibility, with one ideal as a study or home office.

-Staff Accommodation:
Four staff rooms with a kitchenette and shared bathroom.

-Additional Amenities: Two double garages, off-street parking, water storage tank, irrigation system, and a backup generator for uninterrupted living.

Whether you envision this property as the cornerstone of a bold development project or a welcoming family home with endless entertainment potential, it’s ready to deliver.

Don’t miss out on this rare opportunity to secure a property with so much to offer. Contact us today to arrange a private viewing!

Morningside Manor, Sandton

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

72,253.19

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