FAMILY HOME WITH A VALUABLE INCOME GENERATING POTENTIAL IN PALM BEACH

R 1,200,000

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3 months ago111 views
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General Details
For Sale By:Agency
Available From:23/04/2024
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Parking:Garage
Description
FAMILY HOME WITH A VALUABLE INCOME GENERATING POTENTIAL

Dual Mandate. This solidly built house can be turned into a lovely spacious family home with a little TLC. It has four bedrooms, three bathrooms and two kitchens on a very large stand. As you enter the home from the enclosed patio, you're greeted by a spacious living room, an adjoining well-appointed kitchen and a scullery with a separate sink and nicely arranged cabinets. The door from the scullery leads into a huge entertainment room which is positioned between the house and the double garages. Exiting the living room you go down a small flight of five stairs which leads into the main passageway. Two bedrooms share a full bathroom whilst the main bedroom has a full en suite bathroom. Another great feature is that this home is fitted with solar power comprising an 8.5 kw inverter, six solar panels and a 5 kw lithium battery. In addition to outside beams, CCTV cameras and an alarm system are connected to a 24-hour response. The security has been well taken care of. There are three jojo storage tanks with one tank connected to the home. The house has double garages with a separate storeroom built next to these garages. There are plenty of full-bearing avocado trees on the property as well. The one-bedroom flat with a lounge, kitchen and bathroom is currently rented out bringing in an added income for the owner

Only minutes away is the Mpenjati Nature Reserve, where you can enjoy picnics, hiking and fishing with friends and family. Mac Banana and Mpenjati coffee farms offer tours and light meals.


Property Overview
Listing Number
113894710
Type of Property
House
Description
Freestanding, Single Storey
Lifestyle
Aquatic Activities, Coastal/Beach
Erf Size
1 888 m²
Floor Area
280 m²
Rates and Taxes
R 1 100
Pets Allowed
Yes
To view more of this property please copy and paste the link below into your browser:
https://www.thepropertycircle.co.za/4-bedroom-house-for-sale-in-palm-beach-113894710

Id Subtitle 1259705386
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
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Petra Venter
Selling for 6+ years
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