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A Developer's Paradise!
R 14,999,000
Can I afford this?22 Photo(s)
1 year ago382 views
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General Details
Location:
For Sale By:Agency
Description
A Developer's Paradise! Nestled in the heart of Milnerton, this residence is a true gem, presenting an unparalleled and distinctive character.
The property holds immense potential for subdivision into independent flatlets, opening up a world of diverse possibilities.
This unique farmhouse stands proudly on an expansive 2522-square-meter plot, accompanied by charming cottages that add to its allure.
The current use of this sizable property revolves around short-term rentals, Airbnb, and guesthouse accommodations. One side of the land features two cottages, while on the other stands a former horse stable transformed into another distinctive structure.
Comprising nine spacious bedrooms, nine bathrooms, and two well-appointed kitchens with abundant cabinets and counter space, this residence also offers numerous lounging and entertainment areas. Upstairs, a jacuzzi, built-in braai, and a substantial balcony adorned with artificial grass provide a relaxing oasis with a captivating view of the horizon. This property is truly a developer's dream, offering endless prospects for creative transformation and expansion.
Extras:
-Jojo tank
-Inverters x2
-Borehole
-Electric fencing around the perimeter and CCTV cameras 24/7.
Call me now to arrange a private viewing and to avoid disappointment.
Property Reference #: RL1689
Agent Details:
Pauline Hawthorn
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
The property holds immense potential for subdivision into independent flatlets, opening up a world of diverse possibilities.
This unique farmhouse stands proudly on an expansive 2522-square-meter plot, accompanied by charming cottages that add to its allure.
The current use of this sizable property revolves around short-term rentals, Airbnb, and guesthouse accommodations. One side of the land features two cottages, while on the other stands a former horse stable transformed into another distinctive structure.
Comprising nine spacious bedrooms, nine bathrooms, and two well-appointed kitchens with abundant cabinets and counter space, this residence also offers numerous lounging and entertainment areas. Upstairs, a jacuzzi, built-in braai, and a substantial balcony adorned with artificial grass provide a relaxing oasis with a captivating view of the horizon. This property is truly a developer's dream, offering endless prospects for creative transformation and expansion.
Extras:
-Jojo tank
-Inverters x2
-Borehole
-Electric fencing around the perimeter and CCTV cameras 24/7.
Call me now to arrange a private viewing and to avoid disappointment.
Property Reference #: RL1689
Agent Details:
Pauline Hawthorn
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
Id Subtitle 1127773631
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Estimated monthly repaymentR 162,546
Total property loan amountR 14,999,000
Total interestR 24,011,854
Total repaymentR 39,010,854
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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Lionlead Real Estate
Selling for 3+ years
Total Ads94
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