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Dual Living & Income Producing Property in Best Position.

R 4,200,000

Can I afford this?
2 months ago172 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Parking:Garage
Description
Exclusive Sole Mandate - This is a unique offering. It’s a stylish, modern farmhouse-style home in mint condition with beautiful screeded floors, painted beamed ceilings, and aluminium windows and doors. The home has been divided into three separate units, each with its own entrance, and is located in the very best part of the village on the doorstep of the Krans Nature Reserve.

Main Unit: Lovely large lounge/dining room with open-plan kitchen with built-in concrete and freestanding kitchen units. Freestanding stove is included. The main bedroom with built-in cupboards leads out to the wraparound verandah. The en-suite bathroom offers a freestanding bath and shower. There is also a separate art studio/study or second bedroom.

Second Unit: This unit has a large living room with kitchenette with freestanding stove plus a separate scullery/laundry. The bedroom is large and has a shower, toilet, and basin en-suite. This unit also leads out to the wraparound patio and overlooks the garden and plunge pool.

Third Unit: This unit is used as an Airbnb cottage and is sold fully furnished, including linen and towels but excluding artwork. It consists of a bedroom with shower, toilet, and basin en-suite, plus it has a separate lounge area and kitchenette with fitted hob. It also leads out to a private patio area.

There is parking for multiple cars and space to build garages if needed. Should you not require three individual units, it would be easy to convert back into a family home.

Has Pool
Property Reference #: RL14737

Agent Details:
Chris Steytler
Meridian Realty
Loft Office 6
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1288020905
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Estimated monthly repaymentR 45,516
Total property loan amountR 4,200,000
Total interestR 6,723,768
Total repaymentR 10,923,768
Interest rate at 11.75% for 20 years *
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Meridian Realty
Selling for 4+ months
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