Full-title townhouse in top Winelands location

R 3,445,000

Can I afford this?
9 months ago617 views
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General Details
For Sale By:Agency
Dwelling Type:Townhouse-villa
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):150
Parking:Garage
Description
Attention Investors! Under section 13sex of the Income Tax Act No 58 of 1962, taxpayers who purchase at least five new and unused residential properties can deduct 55% of the purchase price from their taxable income over 20 years. For example, these Nooitgedacht Village Terrace units will improve an investor's net yield by approximately 1.1% if article 13sex is applied to provide an additional R500 000 tax saving per year.

This charming lock-up-and-go townhouse boasts three bedrooms, with the main bedroom featuring an en-suite bathroom and the other two rooms sharing a separate bathroom. The open plan kitchen/lounge area includes a guest bathroom and leads out to a stoep with a built-in braai and a small garden area. There is also a double garage and two additional parking bays in front of the garages.

Available for occupation from mid-June 2023, with no transfer duties to worry about, this townhouse is situated in a delightful lifestyle village with a unique character, an established 2ha-park, and access to 200ha on a neighbouring farm for cycling, running, and walking. Future phases of the development will include a lifestyle center with a restaurant, convenience store/deli, gym, laundry, creche, working space, and more, as well as a clubhouse and pool down the line.

Don't miss out on the opportunity to own a lovely home in this European-style lifestyle village, with its ideal location near Stellenbosch, Paarl, Wellington, Malmesbury, and Cape Town - only 8.8 km from Stellenbosch University campus and some of the best schools in the country. Schedule a viewing to experience the charm of this village for yourself.

Property Reference #: RL11467

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

Id Subtitle 1221208138
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Estimated monthly repaymentR 37,334
Total property loan amountR 3,445,000
Total interestR 5,515,090
Total repaymentR 8,960,090
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Louw and Coetzee Properties (PTY) Ltd
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