Beautiful Victorian Property on the Prestigious Sought After Currie Road

R 3,250,000

Can I afford this?
4 years ago3804 views
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General Details
For Sale By:Owner
Available From:20/01/2020
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):277
Parking:Garage
Description
Beautiful Victorian Property on the Prestigious Sought After Currie Road. This Ostentatious Victorian design heritage home is a rare find in the Opulent Morningside area. The property is under a lease which is being used as an accommodation with 11 Rooms. The accommodation is currently generating an income of R80000 per month (Receipt books available, No financials as the business is just a year old )

The property can be restored to a home or an office. This is a 4 Bedroom double storey property, which possesses lovely high ceilings, wooden floors & excellent room space with a fully automated drive-in access and a granny cottage/staff room. The granny cottage could be used as an income generator for a discerning investor with an income of R7000 per month. This property allows you to have 9 air-conditioned offices and a store room which you can use as an office should you wish. Excellent security features such as perimeter control, 64 zoned alarm, High walls and an Electric Fence covering the entire property. Dual road access and a charming landscaped garden with a beautiful pool.

A home owner's paradise!
Id Subtitle 527802599
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Estimated monthly repaymentR 35,221
Total property loan amountR 3,250,000
Total interestR 5,202,916
Total repaymentR 8,452,916
Interest rate at 11.75% for 20 years *
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Joelene Lamprecht
Selling for 5+ years
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