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House in Lochnerhof For Sale
R 2,695,000
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11 months ago683 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):377
Parking:Garage
Description
| R 2,695,000 |
- Rates & Taxes: R 2,000
Property Details
- 377 m2 Erf
- # Ensuite: 1
- Temperature Control: A/C, Fireplace
- Security Features: Fence, Alarm, Access Gate
Welcome to this impeccably maintained property that offers an exciting opportunity for both investors and families seeking a charming home. Presenting a unique blend of versatility and convenience, this property currently serves as a thriving beauty salon, showcasing an impressive 11+% return on investment.
Located just a few meters from Lochnerhof Primary School, this home boasts a tranquil setting that is ideal for families with young children. With a little effort, this beautiful property can be easily transformed back into a delightful 4 bedroom family home.
The communal reception area welcomes guests with its inviting ambiance and sets the tone for the rest of the house. This room used to be the open plan lounge and dining area with fireplace. The kitchen and bathroom ensure optimal functionality and comfort for both personal and business use.
The existing layout offers a total of 7 well-proportioned rooms, each fitted with air conditioning to ensure a pleasant environment throughout the year. The ample built-in cupboards provide convenient storage solutions, minimizing clutter and maintaining a neat appearance.
One of the standout features of this property is the converted double garage, now serving as a hairdresser's salon. This versatile space offers endless possibilities for entrepreneurs looking to capitalize on the current salon setup or even convert it into an additional living area, a home office, or a hobby space to suit your specific needs.
With its well-maintained interior and excellent location, this property represents a remarkable investment opportunity. Whether you choose to continue running a successful business or convert it into a family home, the possibilities are endless.
Property Reference #: 3976206
Agent details
Ilse Botha
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Id Subtitle 1209667894
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Estimated monthly repaymentR 29,206
Total property loan amountR 2,695,000
Total interestR 4,314,418
Total repaymentR 7,009,418
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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CCH Properties
Selling for 5+ years
Total Ads689
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