House for sale in Westridge, Mitchells Plain

R 999,995

Can I afford this?
2 months ago182 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):217
Description
EXCLUSIVE SOLE MANDATE

Located in a quiet pocket of Westridge in Mitchells Plain with all amenities available. Schools, Creche, Places of Worship and public transport hubs in walking distance.

This property is ideal for large families with extended relatives or investors and has alot of potential. This property comprises of the double-storey main house and an unfinished, but already built (and on plan) double-storey separate accommodation almost as large as the main house.

The main house comprises the following:
3 Bedrooms
1 x Lounge
1 x Dining room
1 x Free flow Kitchen
1 x Family bathroom
1 x Separate toilet
Large, paved front yard

The second dwelling is in raw form (unfinished) and presents a blank canvas for you to finish to your suiting. It has the potential to accommodate the following:
2 x Bedrooms
1 x Landing space that can become a 3rd room
1 x Lounge
1 x Dining (open plan)
1 x Family bathroom
2 x Undercover parking
Outdoor entertainment area with a new guest toilet fitted
Separate thoroughfare to the second dwelling

This is a must-see and is one of the few properties with this amount of space and dwellings available in the area.
Quotations for the completion of the second dwelling can be provided to interested buyers by registered contractors and the price shall vary upon finishes chosen.
The combined rental potential income for this property is approx R15 000.00.
Individually, on the main dwelling the rental yield is approx R8000 and once the second dwelling is complete, shall yield approx R7000.
Open to reasonable offers. Finance can be arranged. Don't miss out on this amazing deal!

Rates And Taxes: 300
Property Reference #: 7002001-37184

Agent Details:
Abdul Sayed
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261956041
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Estimated monthly repaymentR 10,838
Total property loan amountR 999,995
Total interestR 1,600,889
Total repaymentR 2,600,884
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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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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