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Myriad of Possibilities

R 3,700,000

Can I afford this?
5 months ago281 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Parking:Garage
Description
Nestled in the breathtaking Montagu West area, this versatile property offers a myriad of possibilities for both relaxation and income generation. Boasting panoramic mountain views, it serves as a serene retreat and a lucrative investment opportunity.
With 3 x bedrooms, including a master bedroom with an en-suite bathroom, the residence provides ample space for comfortable living. The layout seamlessly integrates the lounge, kitchen, and dining areas, creating a warm and inviting atmosphere ideal for entertaining guests or enjoying quality family time.
A recent renovation has elevated the guest bathroom to modern standards, enhancing both style and functionality. The expansive double-volume veranda, complete with a built-in braai, extends the living space outdoors, offering the perfect setting for alfresco dining and soaking in the picturesque surroundings.
Practical features such as tile floors almost throughout ensure easy maintenance, while a sprinkler system and ample water storage capacity guarantee lush gardens without the need for municipal water.
The property’s double garage, currently configured with a storage area and workshop space, provides flexibility for various uses.  Additional storage options include a separate store room and laundry facilities, adding to the property’s functionality.
For those seeking additional income streams, a self-contained flatlet situated on top the garage presents an attractive opportunity. With 2 bedrooms, a lounge, and a bathroom, as well as its own veranda with a braai overlooking a tranquil dam, the flatlet offers a comfortable retreat for tenants or guests, generating extra revenue.
Beyond its immediate comforts, the property enjoys proximity to the myriad attractions of Montagu West and the surrounding area. From scenic hiking trails and mountain biking routes to the charming farm stalls and artisanal shops of Montagu, there’s no shortage of leisure activities to explore.
Whether you’re looking for a peaceful sanctuary to call home, a lucrative investment property, or a combination of both, this Montagu West residence offers endless possibilities in one of the Western Cape’s most coveted locales.

Property Reference #: 7002001-51139

Agent Details:
Christine Laubscher
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274179533
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Estimated monthly repaymentR 40,098
Total property loan amountR 3,700,000
Total interestR 5,923,319
Total repaymentR 9,623,319
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
Selling for 2+ years
Total Ads6.93K
Active Ads6.93K
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5.49MTotal Views
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