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9 bedroom farmhouse.
R 15,000,000
Can I afford this?
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1 year ago186 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):320
Parking:Covered
Description
CALLING ALL INVESTORS AND DEVELOPERS
In the heart of Milnerton 3min walk from Milnerton high school and 3 mins from myciti bus stop and in walking distance from the Golf Course and beach, you will find a one-of-a-kind investment opportunity, an original farmhouse on an enormous Erf size of 2522m2. It comes with JoJo tank, borehole and 2 inverters. The property is secured with electric fencing and 24h security cameras. The potential that this property offers is endless.
On the property there is a total of 9 bedrooms, 9 bathrooms, 2 kitchens and storeroom inside the house. Of the 9 is 2-bedroom cottages detached from the main house. There are 4 entertainment areas, one of which has a Jacuzzi and pool. The cottage is enclosed with fencing and has a kids jungle gym play area. There is a storeroom detached from the house, which used to be used as horse stables that could be converted into 4 or 5 more flatlets or rooms. There is also still plenty open space on the property that could still be utilized.
On the top floor there is a 360 degree lookout out deck.
To name all its potential would be impossible. With a touch of modernization and vision, this one is a must see and would appeal to the investors and developers
Has Pool
Property Reference #: RL11201
Agent Details:
Roy Wynton
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600
In the heart of Milnerton 3min walk from Milnerton high school and 3 mins from myciti bus stop and in walking distance from the Golf Course and beach, you will find a one-of-a-kind investment opportunity, an original farmhouse on an enormous Erf size of 2522m2. It comes with JoJo tank, borehole and 2 inverters. The property is secured with electric fencing and 24h security cameras. The potential that this property offers is endless.
On the property there is a total of 9 bedrooms, 9 bathrooms, 2 kitchens and storeroom inside the house. Of the 9 is 2-bedroom cottages detached from the main house. There are 4 entertainment areas, one of which has a Jacuzzi and pool. The cottage is enclosed with fencing and has a kids jungle gym play area. There is a storeroom detached from the house, which used to be used as horse stables that could be converted into 4 or 5 more flatlets or rooms. There is also still plenty open space on the property that could still be utilized.
On the top floor there is a 360 degree lookout out deck.
To name all its potential would be impossible. With a touch of modernization and vision, this one is a must see and would appeal to the investors and developers
Has Pool
Property Reference #: RL11201
Agent Details:
Roy Wynton
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600
Id Subtitle 1157335607
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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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Meridian Realty Pty Ltd
Selling for 1 year
Total Ads1.09K
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