An Oasis On 3 Erven.

R 3,950,000

Can I afford this?
1 year ago741 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Located on 3 lush treed erven with dual access from Church Street and Van Reenen Street this gem of a property is loaded with many possibilities for it to reach its full business potential. The main house which was run as a 5 bedroom guest house with a 2 roomed managers flatlet is situated on 773m2 plot with access from Van Reenen Street. cul de sac. The adjoining plot, also with access from Van Reenen Street is 2474m2 in size and the plot on Church Street which would be ideal as a commercial property is 1918m2. The combined erven is therefore 5165m2.

The main house is in excellent condition and offers spacious living areas with beautiful wood and parquet flooring, a large chefs kitchen with centre island and a 6 plate gas/electric stove. Extras include: a large private pool, laundry, ironing room, ablution facilities, 3 garages, outside braai area and plenty of off -street parking. The entire property is private and lush with trees including a small forest of pecan nut trees. All 3 portions are zoned single residential with a permanent waiver for a guest house operation. This exciting property is currently let to the Winelands International School who would be happy to remain as a tenant.

Has Pool
Property Reference #: RL7923

Agent Details:
Chris Steytler
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1157400296
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
Interest rate at 11.75% for 20 years *
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Meridian Realty Pty Ltd
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