PERFECTLY LOCATED FOREVER FAMILY HOME WITH PANORAMIC VIEWS

R 19,950,000

Can I afford this?
4 months ago473 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Ideally located on Glencoe Road, one of the best and most popular roads in Oranjezicht, this property is high up, as it’s only the second road from the mountain. The vistas and location are unbeatable, with panoramic views of the complete city bowl, ocean, and Table Mountain.

The house itself was designed & built by an Austrian Architect in 1930, who then lived here for 20 years. There are only 3 families to have ever lived in this home, with the current family residing here for the last 45 years! It’s easy to say, this is your ideal forever family home.

Upon entering this 3-level home, the first floor welcomes you with a double-volume living area, including a lounge, reading corner and dining room which connect seamlessly with the kitchen. There are also 2 studies on this level, making working from home a breeze, plus a guest loo, laundry room and storeroom for added convenience.

The kitchen is equipped with granite countertops on the centre island and wooden tops on the side, including a built-in coffee machine. The gas fireplace is ideal for those cool winter days, inviting its guests to spend more time in the kitchen, and enjoy your meal right in front of the fireplace. The kitchen lives out onto the patio, which boasts an outside braai area and swimming pool. The generous swimming pool lays nestled between the natural fynbos garden with the most beautiful proteas.

On the second level, and East wing of the home, you will find 2 main bedrooms, with a shared en-suite bathroom in between. One bedroom boasts the sea view, while the other features views of Table Mountain, allowing you to take the vistas in on your own private balcony.

When you make your way up one more level to the third, and top floor you will enter a 3 bedroom, fully equipped income-generating apartment, currently having been fully booked from October to April at R4 200 per night, in season. This unit can be accessed from the inside of the home or make use of the separate and private entrance on the side of the house. The unit is completely private and has the best views, being on the highest level of the home. This flexible unit includes 2 bathrooms, 2 lounges, and a balcony, making the most of those views!

There is a security gate, intercom system and very high walls, making the property safe and secure, with no incidents in the last 45 years!

You will also find a 1-bedroom flat on the ground level. This space is currently being used as domestic quarters and includes its own bathroom and kitchenette.

The XL single garage on the street level has direct access into the home. There is no need to worry about loadshedding, with the inverter and battery being included in the sale. The property also allows enough space for another double garage to be added in the future.

Has Pool
Property Reference #: RL11774

Agent Details:
Marthinus Kruger
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1254142149
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Estimated monthly repaymentR 216,200
Total property loan amountR 19,950,000
Total interestR 31,937,895
Total repaymentR 51,887,895
Interest rate at 11.75% for 20 years *
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Louw and Coetzee Properties (PTY) Ltd
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