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Malvern step into a World of Dual Luxury: Malvern Splendor Redefines Investment Excellence!
R 5,500,000
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11 days ago42 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1394
Parking:Garage
Description
We are proud to introduce a brand New Sole Mandate in the sought after Malvern area, listing at a well-priced R5,500,000, this property presents an exceptional opportunity for diverse business ventures or multi-family living. Situated on a large, level plot spanning 1,394 square meters, the property comprises two distinct houses - one ultra-modern and the other boasting old-world charm with modern fixtures.
Upon arrival, a grand automated gate offers both security and sophistication, setting the tone for the exquisite features within.
House 1
The ultra-modern house impresses with its architectural design, featuring a double-story layout and luxurious amenities, with a blend of beautiful hardwood and professionally tiled flooring. With 4 bedrooms, BICs, adjustable dim lighting, Air conditioners, 3 modern bathrooms including a walk in cupboard, 2 lounges, and a gourmet fully fitted kitchen onto an open plan dining room, this house offers a blend of elegance and practicality. Practical feature like the automated double garage and undercover laundry. Enjoy the outdoor spaces, including a sparkling luxurious pool and entertainment area, wrap-around chrome balconies, grand staircase chromed hand rails surrounded by glass and stunning city views.
House 2
The second house exudes character with its old-style charm bay windows and modern upgrades and Oregan pine flooring. Boasting 4 bedrooms, BICs, family bathroom and main ensuite, Large lounge, airconditioner, and separate dining room leading into a granite top modern fully fitted kitchen. A large veranda with panoramic views, and ample living spaces, this dwelling presents a unique opportunity for rental income or multi-family living, this house offers a steady revenue stream with prepaid utilities.
Investment Opportunities:
This property is not just a home but an investment waiting to be explored.
• Whether you envision utilizing the space for business purposes, live in House 1 and House 2 as the business premises and plenty parking for customers.
• Potential to be operate as an AirBnB.
• Embarking on a multi-family living, the possibilities are endless.
• Additionally, the option to subdivide the land provides further potential for separate ownership or resale opportunities.
Don't miss out on the chance to own a property that combines elegance, functionality, and lucrative potential in one desirable package. This remarkable property could become your dream home
For a personalized viewing of this remarkable property and to discover the myriad investment avenues it offers, contact Jacques or Yvonne.
# Parking: 2
Rates And Taxes: 2000
Has Pool
Has Garden
Property Reference #: 2247731
Agent Details:
Jacques Lowis
Real Estate Company
Suite 12, The Yard Office Hillcrest,
71 Old Main Road, Hillcrest, KZN, South Africa, 3610
71 Old Main Road
Hillcrest
3610
Upon arrival, a grand automated gate offers both security and sophistication, setting the tone for the exquisite features within.
House 1
The ultra-modern house impresses with its architectural design, featuring a double-story layout and luxurious amenities, with a blend of beautiful hardwood and professionally tiled flooring. With 4 bedrooms, BICs, adjustable dim lighting, Air conditioners, 3 modern bathrooms including a walk in cupboard, 2 lounges, and a gourmet fully fitted kitchen onto an open plan dining room, this house offers a blend of elegance and practicality. Practical feature like the automated double garage and undercover laundry. Enjoy the outdoor spaces, including a sparkling luxurious pool and entertainment area, wrap-around chrome balconies, grand staircase chromed hand rails surrounded by glass and stunning city views.
House 2
The second house exudes character with its old-style charm bay windows and modern upgrades and Oregan pine flooring. Boasting 4 bedrooms, BICs, family bathroom and main ensuite, Large lounge, airconditioner, and separate dining room leading into a granite top modern fully fitted kitchen. A large veranda with panoramic views, and ample living spaces, this dwelling presents a unique opportunity for rental income or multi-family living, this house offers a steady revenue stream with prepaid utilities.
Investment Opportunities:
This property is not just a home but an investment waiting to be explored.
• Whether you envision utilizing the space for business purposes, live in House 1 and House 2 as the business premises and plenty parking for customers.
• Potential to be operate as an AirBnB.
• Embarking on a multi-family living, the possibilities are endless.
• Additionally, the option to subdivide the land provides further potential for separate ownership or resale opportunities.
Don't miss out on the chance to own a property that combines elegance, functionality, and lucrative potential in one desirable package. This remarkable property could become your dream home
For a personalized viewing of this remarkable property and to discover the myriad investment avenues it offers, contact Jacques or Yvonne.
# Parking: 2
Rates And Taxes: 2000
Has Pool
Has Garden
Property Reference #: 2247731
Agent Details:
Jacques Lowis
Real Estate Company
Suite 12, The Yard Office Hillcrest,
71 Old Main Road, Hillcrest, KZN, South Africa, 3610
71 Old Main Road
Hillcrest
3610
Id Subtitle 1277637659
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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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