An opportunity to invest in sought after de Waterkant

R 8,495,000

Can I afford this?
2 months ago320 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):320
Parking:None
Description
A wonderful opportunity to invest in a extremely well located property in De Waterkant. Not to mention the amazing views from the 3rd story balcony. This three-level property includes five bedrooms, all en suite. The property is currently being let out on a per room short term (monthly) basis. Additionally, the property has the zoning for consent usage as a bed and breakfast so one has choice of using the property as a primary residence, holiday home or commercial business premises.

Ground floor includes an entrance hall with two bedrooms. Bedroom one is a large double room with en-suite shower, while bedroom two is a self-catering apartment with a living room, open plan kitchen and an additional guest bathroom with a shower.

The first floor has three separate bedrooms, all with en suite bathrooms. The second floor enjoys an open-plan living and dining area with a large open-plan kitchen. Large doors lead out to a large balcony/roof deck with great views over signal hill and the surrounding neighbourhood of de Waterkant.

This property is one that has to be viewed to understand the potential that can be unlocked. Contact for additional information or to arrange a viewing.

Property Reference #: RL39

Agent Details:
Luc Lenferna de la Motte
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1262333187
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 92,061
Total property loan amountR 8,495,000
Total interestR 13,599,620
Total repaymentR 22,094,620
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.
RECALCULATE
Annenberg Property Group
Selling for 7+ years
Total Ads792
Active Ads792
Professional Seller
Seller stats
792Total Ads
1.09MTotal Views
Contact Annenberg Property Group
072*******Show Number
Message
(3993)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.