ENDLESS OPPORTUNITIES

R 45,000,000

Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1774
Parking:Street
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Description
RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Nestled gracefully amidst the slopes of Table Mountain, the Mountain Manor Guesthouse boasts an idyllic yet convenient location close to the renowned V&A Waterfront, the pristine beaches of Clifton and Camps Bay, popular Kloof street and a short walk from the Gardens Centre.

Spanning over two expansive plots, encompassing a total area of 1774sqm, this home offers endless possibilities.

Reflecting the captivating Cape Dutch style, the guesthouse comprises two distinct structures. The first structure offers 12 spacious and unique en-suite bedrooms each generating substantial revenue.

Noteworthy features and shared spaces within the guesthouse include a generously proportioned reception area, office space, fully equipped kitchen, expansive open-plan dining area which harmoniously merges with the lounge, bar and yet another welcoming fireplace.

An enchanting courtyard, large sparkling pool, alfresco dining area surrounded by lush greenery with barbeque facilities.
The second erf offers three incredibly spacious self-catering one- and two-bedroom apartments with living/ Dining room, kitchenette and bathroom.

Furthermore, the property offers a large conference room with direct access to the courtyard, capable of accommodating up to 30 delegates, guest bathroom facilities and a discreet massage room with separate entrance as well as a separate laundry and storage room.

This highly desirable residential location provides the perfect opportunity for the property to be converted to a wonderful home alternatively, the current successful business could be continued and even developed or converted into apartments.

Has Pool
Has Garden
Property Reference #: 2152462

Agent Details:
Talitha Finkay
RE/MAX LIVING
Head Office:
76-82 Kloof Street, Gardens, 8001
Sea Point
7599

RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Id Subtitle 1275020626
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Estimated monthly repaymentR 487,669
Total property loan amountR 45,000,000
Total interestR 72,040,363
Total repaymentR 117,040,363
Interest rate at 11.75% for 20 years *
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RE/MAX LIVING
Selling for 7+ years
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