Bo-Kaap Heritage Home with Permitted Commercial Rights!

R 3,995,000

Can I afford this?
2 months ago82 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):3
Size (sqm):200
Parking:Garage
Description
Business-Ready Residence with Scenic Views in Bo Kaap, Cape Town!

The property offers business rights. (Mu2 zoning)
It is a versatile space ideal for both commercial operations and residential living.

The beautiful historical home, surrounded by cobble stone streets consists of 2 bedrooms, 2 bathrooms, a secluded and secure courtyard along with a single garage.
Additional income potential with a separate entrance flat showcasing stunning Table Mountain panoramas, currently utilized as a successful AirBnB - this is a one bedroom, one bathroom self contained unit.

Designer plans available, with 70% of the work already completed, unlocking further development opportunities.
Rates to be confirmed.

Property Reference #: 6340428

Agent Details:
Christine Marsh
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1262939325
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Estimated monthly repaymentR 43,295
Total property loan amountR 3,995,000
Total interestR 6,395,584
Total repaymentR 10,390,584
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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Quay1 International Realty
Selling for 2+ years
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