House for sale in Cambridge West, East London

R 1,850,000

Can I afford this?
2 months ago90 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):923
Description
"Exceptional Investment Opportunity: Versatile Property with Abundant Rental Potential! 
Welcome to a property that defines versatility and promises a wealth of possibilities for shrewd investors seeking remarkable returns. As you pass through the motorized gate, a freestanding double garage with a modern motorized door greets you, offering secure parking and convenience that sets the tone for what lies beyond.
Step inside, and the entrance exudes a sense of grandeur, adorned with beautiful stone pillars that frame the entrance into a sprawling and inviting lounge. The oversized glass door, a true centerpiece, features intricate patterns, inviting you to discover the elegance that unfolds within.
The seamless open-plan layout connects the lounge to a spacious dining area, creating an engaging space for gatherings and making everyday living a pleasure. From here, you'll transition into a magnificent kitchen that is the epitome of both style and functionality. The kitchen boasts an impressive array of cabinets, providing an abundance of storage space that's a dream for any culinary enthusiast. A standout feature is the central island topped with a sleek glass cooktop, where culinary creativity can flourish.
Within the kitchen, concealed behind seemingly ordinary cupboard doors, is a captivating surprise. Open these doors to reveal a hidden staircase that leads to a lower level housing two separate rooms, each equipped with its own toilet and bathing facilities. This discreet design presents a unique potential for multifunctional usage or an inventive rental opportunity.
The hallway guides you to two thoughtfully designed rooms, each radiating comfort and tranquility. One of these rooms is graced with an en-suite bathroom, featuring both a shower and a bath, offering an oasis of relaxation and a sanctuary of convenience.
Continuing on, another spacious lounge area awaits, offering a distinct ambiance that is perfect for relaxation or socializing. Through a sliding door, a transition into a potential second dining area creates a seamless flow, enhancing the flexibility of this exceptional space. An adjacent utility room beckons, equipped with connections for a washing machine, ensuring that daily chores are handled with ease. Nestled nearby, yet another room is positioned, complete with its own en-suite bathroom, an embodiment of thoughtful design and functional living.
As you step outside into the expansive backyard, the full potential of this property becomes evident. A charming fishdam and a children's wooden swing create an idyllic outdoor haven, perfect for unwinding and outdoor entertainment. Adjacent to the main house, a separate external room with an en-suite bathroom offers privacy and the possibility for a self-contained unit, ideal for guests or tenants.
The modern tile flooring throughout the property adds a touch of elegance and complements the contemporary des...

Property Reference #: 7002001-35777

Agent Details:
Chantell Johnson
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261955092
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Estimated monthly repaymentR 20,049
Total property loan amountR 1,850,000
Total interestR 2,961,660
Total repaymentR 4,811,660
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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