Upper Old Place value and potential.

R 4,995,000

Can I afford this?
25 days ago40 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):450
Parking:Garage
Description
Exclusive Sole Mandate - This property consists of three consolidated stands totalling 3300m² which could easily be subdivided or further developed. The property borders on a cluster development to the southeast, and this could be replicated on this portion of the stand. The house is a double-storey dwelling built of facebrick, which ensures low maintenance. There are three garages with ample storage space. The garages are attached to two flatlets separate from the main house, both equipped with en suite bathrooms and kitchenettes. The first-floor flatlet features a wooden deck offering views across the estuary towards the heads in a southwesterly direction.

The main house comprises three bedrooms, two on the ground floor with a shared bathroom, and the master bedroom upstairs with an en suite bathroom. Beautiful views over the estuary can be enjoyed from this room, as well as from the dining room and the large covered deck on the ground floor. The deck is equipped with an aluminium tilting awning. Beneath the deck is the third flatlet, also with an en suite bathroom and kitchenette. The main lounge opens onto the patio, and there is a separate dining room adjacent to the kitchen, which includes a separate scullery and pantry cupboard. An inverter ensures uninterrupted power supply during load shedding, and there is a linked alarm system and strategically positioned CCTV cameras around the property.

Having three flatlets offers the opportunity to generate income through either long-term or short-term rentals. The garden is filled with delightful surprises such as various species of lemon trees, shrubs, a shadecloth-covered nursery, and a rainwater harvesting tank.

The serious seller is seeking offers, and viewings are by appointment.

Property Reference #: RL14262

Agent Details:
Robert Auersperg
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1272243874
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Estimated monthly repaymentR 54,132
Total property loan amountR 4,995,000
Total interestR 7,996,481
Total repaymentR 12,991,481
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Meridian Realty Pty Ltd
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