House For Sale in Newfields, Cape Town

R 1,700,000

Can I afford this?
2 months ago192 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):558
Description
Commercial/ Residential property for sale - Zoned: LB2

This property is a fantastic investment opportunity, boasting versatility for both commercial and residential use. The main workspace in the factory features roller shutters, providing convenient access and making it an ideal setting for a workshop. It can be converted into additional accommodation for further rental income. Additionally, there are two living units attached to the property.

The first unit includes four bedrooms and two bathrooms, while the second one offers two bedrooms and one bathroom. The property is currently divided by drywall, but this partition can be easily removed to create a more spacious factory area.

Whether you're looking to run a business, rent out the living spaces, or reconfigure the property to suit your needs, this versatile space offers endless possibilities for both commercial and residential purposes. Don't miss out on this unique investment opportunity. It is well-priced and ready to go.

Contact me today for a viewing.

Property Reference #: 7002001-42233

Agent Details:
Abdul Sayed
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261953439
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
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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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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