3 Bedroom Home with 2 Flatlets

R 1,395,000

Can I afford this?
5 months ago885 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Description
This beautiful 3 Bedroom Home, with 2 Granny Flats ( INCOME GENERATORS ) on the same property, has just become available for sale in Pineview, Grabouw. This is a Brand New Listing and is going to sell very quickly at R1,395,000.

Exclusively Mandated to S3 Properties

As an investment property, the Main House can be rented out at R8000pm, and the 2 Flatlets at R3500 each pm - ( Total Income = R15000pm ) this could cover your entire bond repayment.

This is an Iconic House :
Facebrick exterior
This house has been rebuilt in 2014 - it is totally different to anything else in the area
Arches to the Front Porch / Front Door
Tiled roof ( The basics needed for a Solar Installation)
Double sided fireplace
Trellidoors
Burglar bars
Wooden floors
Knotty pine ceilings
Built in Double Door oven

Main House
This house has an Open Plan Living area with a Large Lounge, Diningroom and a Sunroom.
A double sided fireplace, to warm up any cold winters day.

3 Bedrooms
Each bedroom has sufficient built in cupboards
The Main bedroom has an onsuite bathroom, with shower, toilet and wash basin.
The family bathroom has a double wash basin, bath, shower and toilet.

Kitchen
Large spacious kitchen, beautifully finished with sufficient cupboard space.
Double Door built in oven
Tiled
Double bowl sink
Extra vegetable wash sink
Safety gate on back door

Living Space
Large living space with Open Plan Lounge, Diningroom and Sunroom.
The fireplace is shared back to back with the Lounge and Sunroom.
Access to the enclosed patio via its own sliding door and Trellidoors.

2 x Flatlets
This property has 2 x Flatlets, each with its own water meter. These Flatlets make dual family living possible, a huge factor during these times, and especially when we realise how important family is to our lives.

Each Flatlet has a bathroom, toilet and basin, and it’s own kitchen area. Each Flatlet has a rental potential of R3500 each pm.

Please contact me for further information, or feel free to share this property listing with any of your contacts who would be interested in this property.

Property Reference #: 178

Agent Details:
Robin Thuynsma
S3 Properties
Id Subtitle 1249028202
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Estimated monthly repaymentR 15,118
Total property loan amountR 1,395,000
Total interestR 2,233,252
Total repaymentR 3,628,252
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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