Great investment opportunity in excellent location

R 6,150,000

Can I afford this?
5 months ago700 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):4+
Size (sqm):186
Parking:None
Description
This newly renovated 4-bedroom house has been cleverly divided into two income-generating properties. These spaces are currently utilised for short and long-term rentals, with detailed financial information available upon request.

Situated in the heart of the sought-after Vredehoek neighbourhood, the property is just a stone's throw away from top-tier restaurants, delightful coffee shops, and the local Spar supermarket. This strategic location makes it an ideal choice for tourists exploring Cape Town.

The property boasts essential amenities such as backup power, a sun deck, a hot tub, and smart lighting systems, all of which will be included in the sale. Additionally, the sale will encompass furniture, linen, cutlery, TVs, and specific appliances.

Key-less entry through a pin-pad system facilitates hassle-free check-ins for guests. Furthermore, the sale of the guesthouse can be discussed as a going concern, providing an excellent turnkey investment opportunity.

Don't hesitate to contact me to arrange a viewing and explore this promising investment further.

Viewing by Appointment !

Property Reference #: RL11692

Agent Details:
Marthinus Kruger
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1246488957
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Estimated monthly repaymentR 66,648
Total property loan amountR 6,150,000
Total interestR 9,845,517
Total repaymentR 15,995,517
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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Louw and Coetzee Properties (PTY) Ltd
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