INCOME EARNING PROPERTY

R 5,500,000

Can I afford this?
1 month ago115 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):520
Parking:Garage
Description
DUAL PURPOSE, SEVEN-BEDROOM HOUSE IN COUNTRY CLUB.

Discover an exceptional opportunity in this expansive seven-bedroom residence nestled within the prestigious Country Club enclave. This versatile property offers a dual-purpose layout, perfectly suited for either an extended family seeking comfortable cohabitation or astute investors aiming for lucrative income generation.

The ingeniously designed house presents two distinct options for the discerning buyer:

Option 1 boasts a seamless integration of a three-bedroom unit and a separate four-bedroom dwelling, allowing two families to enjoy independent yet connected living spaces within the same abode.

Alternatively, Option 2 presents a luxurious three-bedroom haven on the upper level for a single family, complemented by a thriving four-bedroom Bed & Breakfast setup on the ground floor, currently operating profitably.

A distinctive hallmark of this double-storey residence lies in its dual entrances, enabling both levels to function either as a unified residence or as entirely separate units, ensuring flexibility and privacy.

The ground floor, dedicated to the guest house section, showcases an array of enticing features:
Four en-suite bedrooms, each offering direct access to an inviting outdoor area.
A well-appointed kitchen and dining space, ideal for communal gatherings.
A covered outdoor entertainment patio overlooking an enchanting garden.
A separate office space at the entrance to the guest house section.
Conveniently equipped with four awning-covered parking bays, ensuring ample space.
The added bonus of inclusive furniture in the guest rooms, enhancing the turnkey nature of the property.

Ascend to the second storey, where the primary residence awaits, boasting an array of luxurious amenities:
A master bedroom with a full en-suite bathroom and a balcony affording stunning views of the Mashie course.
Two additional bedrooms sharing a full family bathroom.
A separate guest toilet for added convenience.
An open-plan kitchen, dining area, and living space, fostering an inviting ambiance.
An enclosed braai room providing further views of the scenic Mashie course.
A well-equipped kitchen featuring ample cupboard space, an eye-level oven, hob, and extractor fan.
Additional functional spaces including a separate scullery and a dedicated laundry area.
A generously sized, 78m2 automated garage accommodating four cars with direct access to the main house.

Beyond its captivating interiors, the property boasts an array of additional features:
Comprehensive security features including burglar bars, an alarm system, security gates, and lighting.
Ample water supply facilitated by three large water tanks.
Fully walled premises, catering to pet-friendly living.
A 13.5kva generator ensuring uninterrupted power supply.
Business rights embedded within the property.
Future-proofed with fibre connectivity and a robust backup system.
Indulge in a lifestyle that seamlessly combines comfort, functionality, an...

Property Reference #: CCSA-29251

Agent Details:
Jenny van den Heuvel
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130

Id Subtitle 1269973938
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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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