Private Introduction · South Africa
President Park Home and Truck Yard Houses in Midrand, South Africa
Walled 2.5 ha property on Modderfontein Road with a four-bedroom house, gym building and truck workshops
- Price
- From ZAR 11.90M
Introduction
A walled 2.5-hectare property in President Park, Midrand, with three entrances onto Modderfontein Road. The main house has four bedrooms, three of them en-suite, with a scullery, a pool and a lapa, and a second building offers two en-suite bedrooms for guests. The rest of the site is a business yard with a truck shed for four or more trucks, a repair workshop, offices and a boardroom. It has a borehole and a camera system. Asking price R11.9 million.
Why This Opportunity
What the home offers
Features include a private pool, usable outdoor living space and a high interior specification.
Location
Located in Midrand, Gauteng, South Africa.
Buying as a non-resident
Transfer duty is nil below R1,210,000 and rises in bands above it, with no surcharge for foreign buyers. Budget 6%–12% of the purchase price for total transfer costs; a straightforward transfer registers in roughly 8–12 weeks.
The Area
What is around it
Getting around
Gautrain — Sandton and Midrand stations
Rapid rail to Pretoria, Johannesburg and OR Tambo International [Sandton to the airport in about 15 minutes]
OR Tambo International Airport
Africa's busiest airport [About 35 minutes by road from Sandton, 15 minutes by Gautrain]
Lanseria International Airport
Second Johannesburg airport, to the north-west [Approximately 30km from Sandton]
Nearby
Sandton City and Nelson Mandela Square
The country's flagship retail and dining district, a five-minute walk from the Gautrain station
Mall of Africa
Anchor retail for the Midrand and Waterfall node, with a shuttle from Midrand Gautrain station
Schools
Education
The northern suburbs carry the country's densest cluster of independent schools [Within the Sandton, Midrand and Waterfall nodes]
Continue Exploring
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.