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40 Medway Road

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Endless Potential in the Heart of Plumstead: Ideal for Family Living and Business Opportunities!

This exceptional property in central Plumstead offers the perfect blend of residential comfort and business potential. Zoned General Business 1, it opens the door to exciting entrepreneurial opportunities, serving as both an ideal family home and a smart investment for those interested in business ventures. With the added benefit of no transfer duty, this versatile property is a rare find.

The main house features three spacious, sunlit bedrooms, each with new built-in cupboards. One bedroom includes a vanity cupboard, while another offers a built-in counter that doubles as a convenient work-from-home desk. The open-plan design flows into a welcoming lounge complete with a cozy, working fireplace—perfect for relaxing evenings. Glass sliding doors lead to an enclosed braai room, providing an ideal spot for year-round entertaining. Additional sliding doors open up to a beautifully landscaped garden, supported by a full irrigation system and reliable borehole.

The modern kitchen is fully equipped with a gas hob, oven, sleek white granite countertops, and elegant mahogany cabinetry—perfectly suited for the contemporary family. Stylish down-lights throughout add a sophisticated, modern touch.

A separate flatlet with a private entrance provides added flexibility, whether for guests, extended family, or rental income. This one-bedroom unit is thoughtfully designed, featuring tinted glass sliding doors, a compact kitchen with a gas hob and electric oven, and a chic en-suite bathroom.

Security is a top priority, with an advanced alarm system, electric fencing, and clear burglar bars for peace of mind. Automated gates and a tandem garage offer secure parking for multiple vehicles, including space for a boat, with the garage doubling as a work shed. Additional parking for up to four vehicles is available, ideal for business use or visitors.

Ideally located near schools, shopping centers, and major routes, this property offers a unique balance of family living and business potential. Whether you're seeking a spacious home with income opportunities or a property with commercial prospects, this versatile home promises a future filled with comfort, security, and endless possibilities.

Contact us today for more information and to arrange a viewing!

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
1
Domestic Accommodation
1
Sizes
Land Size
550m²

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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

44,736.72

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