Great Investment Property

R 3,500,000

Can I afford this?
1 month ago51 views
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General Details
For Sale By:Agency
Description
Welcome to this exceptional property offering a variety of living spaces to suit your every need. Situated in a serene location, this property boasts multiple residences, each designed with comfort and convenience in mind.

House Number 1 is a spacious 4-bedroom haven, where luxury meets functionality. With 5 bathrooms, including an en-suite for each bedroom and a guest bathroom, privacy and comfort are guaranteed. Every room is equipped with its own air-conditioning unit, ensuring personalized climate control year-round. The living room, dining room, and bar/entertainment area are all fitted with air-conditioning as well, providing ample space for relaxation and entertainment. The kitchen, complete with a separate washroom and storage room, is a chef's delight, while the front yard and beautiful garden offer a tranquil retreat.

House Number 2 is a charming A-Frame residence, featuring a double-story layout with 2 bedrooms and 1 bathroom on the second floor. The wide-open dining room and living room area, along with the convenient toilet, make this house perfect for gatherings and socializing. The spacious kitchen, equipped with a braai area at the back, invites culinary adventures and outdoor dining experiences.

House Number 3 comprises two 2-bedroom flats, each offering air-conditioning, shade parking, and a small porch for outdoor relaxation. The inclusion of pre-paid electricity meters ensures hassle-free utility management.

House Number 4 consists of two 1-bedroom flats, mirroring the amenities of House Number 3, with air-conditioning, shade parking, and individual pre-paid electricity meters.

House Number 5 features two bachelor flats, each with shade parking, a small porch, and its own pre-paid electricity meter, providing comfortable and affordable living spaces.

The property is equipped with a borehole and a Jojo tank, ensuring reliable water access. A tool shed at the back of the property offers convenient storage space. The bottom half of the property is currently unused and open, presenting potential for further development or customization.

Currently, all houses and flats are occupied, generating a steady income stream. Whether you're looking for a spacious family home, investment opportunity, or a combination of both, this property offers endless possibilities in a peaceful and thriving community. Don't miss out on the chance to make this versatile property your own

Property Reference #: 1242465

Agent Details:
Ancois van den Berg
Rawson Properties
222, Main Road, Cape Town, Rondebosch, Western Cape

Id Subtitle 1267264067
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
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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Rawson Properties Rawson Remote
Selling for 2+ years
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