It's all about location

R 3,250,000

Can I afford this?
11 months ago187 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Parking:None
Description
This is the perfect property for potential investors, or buyers who are willing to make this their forever home. With some care and modernisation, the prospects for this residence are plentiful and can be transformed into someone's dream home. With a 1 004 sqm plot and dual living spaces, this property has the budding promise of generating considerable income due to the rising demand for properties in the area. Land capacity and investors have increasingly adopted subdivision and sectionalisation, making this dwelling ideal for investment.
The main residence comprises of 3 bedrooms, including 2 bathrooms with one being an ensuite to the master bedroom. The sunroom can be transformed into a tranquil space or an entertainment area, leading to an outside porch, overlooking the great garden and pool area. The open-plan kitchen flows into the homey living area, where a burning fireplace creates a comfortable atmosphere.
This property includes a separate dwelling, offering additional living space which can be utilised as an apartment for additional rental income, or it can be used as an office space for those who work from home.
The residence and ample parking area are secured by palisade fencing and a large gate. Situated close to schools, only a 5-minute drive to the beach, and in close vicinity to Bayside Mall, this residence presents innumerable possibilities.

Has Pool
Property Reference #: RL163

Agent Details:
Anje Dames
Vermaak Properties
Unit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441

Id Subtitle 1210490407
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Estimated monthly repaymentR 35,221
Total property loan amountR 3,250,000
Total interestR 5,202,916
Total repaymentR 8,452,916
Interest rate at 11.75% for 20 years *
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Vermaak Properties
Selling for 3+ years
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