6 Bedroom house in Spanish Farm For Sale

R 19,500,000

Can I afford this?
1 year ago1430 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1206
Parking:Garage
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Description
SPANISH FARM AREA

IMMACULATE AND IMPRESSIVE. This is a great investment to buy! Either to use partially for swallows and rent out the apartments for the rest of the year. Otherwise multiple family usage on one property or rent out permanently all 3 apartments for an excellent return. This luxury and upmarket property is available only to the most discerning buyer!

Solely and Exclusively marketed by us. Spectacular vista set high up with 180 degree views that extend over Somerset West, Strand, Gordon's Bay and False Bay and the famous Helderberg Mountains. A better view one cannot ask for!

This three levelled home is luxurious and comfortable throughout. Each level is a self-contained apartment complete with bedrooms, kitchen, lounge and dining areas and views throughout. All luxury fittings and furnishings included. Latest solar system recently been installed.

TOP LEVEL :
Direct access into a very large garage with plenty of storage cupboards and entry into the home. Additional parking for visitors on the forecourt.
Imported French oak flooring adds a unique character to the spacious lounge area in natural tones with a fire place for cozy winter days and TV viewing. Flowing out onto the enclosed verandah with built in braai/barbeque with dining and lounging areas, one experiences the breathtaking sunset views, Strand expansive sea, Gordon’s Bay harbour and night lights throughout the Helderberg basin. Adjacent is the spacious dining area with open plan, chef's kitchen and scullery in trendy tones of blue grey hues with a newly installed vinyl floor, which is durable and low maintenance. The spacious and sunny main bedroom en suite with top quality carpeting has plenty of cupboard space and majestic views across False Bay. A study and/or spare bedroom completes this top area with guest toilet/bathroom.

MIDDLE TIER : Consists of two bedrooms en suite, guest toilet, kitchen, lounge and dining area. A patio and entrance into this apartment allows privacy if the internal (gated) stairs are not preferred.

LOWER TIER : Two bedrooms en suite, kitchen, dining and lounge area. Own entrance with double garage parking next door to this unit containing a large storage cupboard. This level leads onto a sparking pool, gazebo and outside barbeque/braai set in a lush garden. There is also a laundry for guests to use and a gardeners toilet and basin.

The property currently has regular, returning overseas visitors, renting for between 6, 3 and 1 month of the year with an excellent return
Certainly the opportunity for an excellent investment return is endless.
In addition accommodation for a multi/generation family is also another possibility.

The property is sold fully furnished (inventory on request) All upmarket luxury furnishings in immaculate condition.

Also included: -
A Wine Room
Work room with work bench
3 geysers - one solar
A Sprinkler system
Herb garden and koi pond
2 x Jojo 2.500 litre storage tank...

# Office / Study: 1
# Parking: 4
Rates And Taxes: 4500
Has Pool
Property Reference #: ENT0232031

Agent Details:
Lynne Mathias
KW Explore Atlantic
55 Somerset Road, Somerset Square Unit c5,DeWaterkant,Greenpoint 8005, Green Point, Cape Town, Wes

Id Subtitle 1148744094
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Estimated monthly repaymentR 211,323
Total property loan amountR 19,500,000
Total interestR 31,217,491
Total repaymentR 50,717,491
Interest rate at 11.75% for 20 years *
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KW Explore Atlantic
Selling for 2+ years
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