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R3,295,000

50 Lancaster Avenue

Monthly Bond Repayment R35,708.15
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,308

4 Bedroom House For Sale in Craighall Park

A rare opportunity presents itself for a large or extended family who are looking for a larger home or for additional space for a home office. It is also ideal for someone looking for a property with lettable cottages to help with bond repayments. This remarkable property is situated in the highly sought-after area of Craighall Park. Elevated location grants stunning views that add to the overall charm of the property.

A stunning double-story 6 bedroom house with a 1 bedroom cottage, or currently configured as a 4 bedroom house, with 3 fully self-contained income generating cottages with en-suite bathrooms and kitchenettes, separate entrances.

The main house features 6 bedrooms, perfect for a growing family. Alternatively, you can leverage the potential income by renting out the 3 separate cottages

Upstairs - The main bedroom boasts a full en-suite bathroom and built-in cupboards, with stunning views.

3 carpeted bedrooms and a family bathroom with bathtub, separate shower and cloakroom complete the top of the main house, and lead out to an extensive shared balcony.

Downstairs – welcoming entrance hall through to receptions.

The lounge and bar, complete with a wood-burning fireplace, opens onto a delightful decked patio – the ultimate spot to unwind.
A spacious dining area, with a work station.

A functional kitchen with an industrial feel, offering a freestanding electric stove gas hob, serving window and room for your appliances. A geyser under the large sink.

Terracotta tiles enhance the ambiance, creating an inviting and comfortable atmosphere.
Wooden feature windows add a touch of elegance that perfectly complements the rustic charm.

Cottage 1: 1 bedroom with an en-suite bathroom, lounge and kitchenette.
Cottage 2: 1 bedroom with en-suite bathroom and kitchenette.

Cottage 1 and 2 can be pulled into the house if necessary.

Cottage 3: Spacious lounge with open plan kitchen with gas stove. 1 bedroom with new renovated en-suite bathroom.

A double garage with plenty of off-road parking, , and a roomy 4-car carport.

Additional features:

A wine cellar and additional storage spaces cater to your organizational needs.
A sparking swimming pool surrounded by a lovely garden
A veggie patch
Fruit trees
A submersible pump for the garden
2 rainwater tanks that help minimize your environmental footprint
Staff accommodation with bathroom

Enjoy Craighall Park with its green belt and Delta lifestyle, excellent schools, places of worship, great shops, restaurants and amenities all within walking distance.

Features

4
2.5
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
1,983m²

Craighall Park, Johannesburg

Johannesburg property: A profile of Johannesburg property from a prospective buyer’s perspective, with information on facilities and attractions. Johannesburg Property Johannesburg property is the wealthiest and most desirable real estate in South Africa’s influential business hub. It incorporates some of the oldest and most established residential areas of the city, some of which date back to the...
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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

35,708.15

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