Unique Opportunity! Waterfront Fixer Upper with Bachelor Flat!

R 3,500,000

Can I afford this?
1 year ago864 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):888
Parking:Garage
Description
Offered as an EXCLUSIVE MANDATE, this once magnificent property offers an opportunity to obtain a wonderfully located waterfront property with river wetlands and sea views in a area where this type of location and space is not readily available and highly sought after.

The mostly fenced property is 888m² big and spills onto the waterfront and jettys of historical Rooibaai. There is a freshwater borehole on the premises - a legacy of bygone days when the local community came to the freshwater springs on the Berg river's edge for their drinking water.

Previously used as a guest house, the property has been rezoned to Residential IV status which means that the primary use can be applied for flats, backpackers, convenience shop or retirement resort.

The house, veranda and garages comprizes 202m², with a sizeable bachelor flat with immediate waterfront access built under the main structure.

The main house has two bedrooms, each with en suite bathrooms and outside entrances onto the wide veranda and pool area, with a third bedroom/study with a guest toilet built from drywall adjacent to the garage and an outside seperate entrance.

The small open plan kitchen forms part of the main lounge, with a front braai room with pizza oven and 180 degree sea views leading out of this room.

The house has good bones and is rundown but habitable, with no apparant foundation issues. It can definitely use some updating and is in need of significant cleaning.

This is a truly unique restoration opportunity, with the house described as the ultimate fixer upper!




# Ensuite: 2
# Entrance Hall: 1
# Parking: 2
Rates And Taxes: 2800
Has Pool
Has Garden
Security Features: Fence, Access Gate
Property Reference #: 3857429

Agent Details:
Annemarie Thiart
Sandton
Chas Everitt
Corner of Main & Church Street
PO Box 23
Vredenburg, 7380


Id Subtitle 1134329736
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
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Chas Everitt
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