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Endless Opportunity in sought after Fernwood!
R 11,120,000
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General Details
Description
Proudly presented by Quay1 International Realty ,located in a quiet cul-de-sac in upper Fernwood, situated at the foot of Table Mountain, lies this property with incredible possibilities.
The property itself is substantial and set on the foot of the mountain, providing unparalleled views across Cape Town. With 8 bedrooms, all with en-suite bathrooms and most with balconies and views, the property offers ample space and privacy. Currently, it is divided into two separate homes, each with a full kitchen, dining room, two lounges, four bedrooms, a study, and a dining room. The terraced, multi-level garden with its fern-lined surroundings reflects the suburb's name of Fernwood. There are also two double garages and four additional off-street parking bays, ensuring sufficient parking space for all occupants.
Currently tenanted separately, the full potential of the property has not been realized.
This provides huge scope for further development and customization with the right vision and creativity. To truly appreciate its magnitude and potential, a personal walk-through is recommended.
One of the notable features of the property is its direct access to Newlands Forest, a beautiful conservation area owned and maintained by the Table Mountain National Parks Board and City Parks Department. Newlands Forest is known for its walking and jogging trails, attracting nature enthusiasts who can enjoy the stunning views of the surrounding suburbs from different points along the trails. The property's location also provides a short walk to the famous Kirstenbosch Botanical Gardens, renowned for its diverse plant species.
The University of Cape Town is in close proximity, making the property ideal for students or faculty members. Additionally, Newlands is well-known for being the home of Newlands Cricket and Newlands Rugby Stadium, adding to the area's sporting and entertainment offerings. Cavendish Square in Claremont, a popular shopping destination, and the Constantia Wine Valley are just minutes away, providing convenient access to retail and wine-tasting experiences.
Newlands boasts excellent educational institutions, including SACS and Westerford High School. Other prestigious schools like Rondebosch Boys, Bishops, Rustenburg Girls, and Herschel Girls are also within a short distance. This makes the area appealing for families seeking quality education for their children.
In terms of transportation, the property offers easy access to major arterial roads like the M3, which leads to the CBD, the airport, and the surrounding beaches. The location is surrounded by five top golf courses and numerous walking and hiking trails, making it a haven for nature lovers and outdoor enthusiasts.
Overall, this property in upper Fernwood offers a unique and desirable lifestyle, combining the tranquility of nature, proximity to amenities, and the breathtaking beauty of Cape Town's surroundings.
"Elevate your property purchase or sale by unlocking mo...
Property Reference #: 5960175
Agent Details:
Shelley Gericke
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
The property itself is substantial and set on the foot of the mountain, providing unparalleled views across Cape Town. With 8 bedrooms, all with en-suite bathrooms and most with balconies and views, the property offers ample space and privacy. Currently, it is divided into two separate homes, each with a full kitchen, dining room, two lounges, four bedrooms, a study, and a dining room. The terraced, multi-level garden with its fern-lined surroundings reflects the suburb's name of Fernwood. There are also two double garages and four additional off-street parking bays, ensuring sufficient parking space for all occupants.
Currently tenanted separately, the full potential of the property has not been realized.
This provides huge scope for further development and customization with the right vision and creativity. To truly appreciate its magnitude and potential, a personal walk-through is recommended.
One of the notable features of the property is its direct access to Newlands Forest, a beautiful conservation area owned and maintained by the Table Mountain National Parks Board and City Parks Department. Newlands Forest is known for its walking and jogging trails, attracting nature enthusiasts who can enjoy the stunning views of the surrounding suburbs from different points along the trails. The property's location also provides a short walk to the famous Kirstenbosch Botanical Gardens, renowned for its diverse plant species.
The University of Cape Town is in close proximity, making the property ideal for students or faculty members. Additionally, Newlands is well-known for being the home of Newlands Cricket and Newlands Rugby Stadium, adding to the area's sporting and entertainment offerings. Cavendish Square in Claremont, a popular shopping destination, and the Constantia Wine Valley are just minutes away, providing convenient access to retail and wine-tasting experiences.
Newlands boasts excellent educational institutions, including SACS and Westerford High School. Other prestigious schools like Rondebosch Boys, Bishops, Rustenburg Girls, and Herschel Girls are also within a short distance. This makes the area appealing for families seeking quality education for their children.
In terms of transportation, the property offers easy access to major arterial roads like the M3, which leads to the CBD, the airport, and the surrounding beaches. The location is surrounded by five top golf courses and numerous walking and hiking trails, making it a haven for nature lovers and outdoor enthusiasts.
Overall, this property in upper Fernwood offers a unique and desirable lifestyle, combining the tranquility of nature, proximity to amenities, and the breathtaking beauty of Cape Town's surroundings.
"Elevate your property purchase or sale by unlocking mo...
Property Reference #: 5960175
Agent Details:
Shelley Gericke
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1269272034
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Estimated monthly repaymentR 120,509
Total property loan amountR 11,120,000
Total interestR 17,801,975
Total repaymentR 28,921,975
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