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Dual Living Opportunity

R 750,000

Can I afford this?
2 months ago75 views
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General Details
For Sale By:Agency
Description
Versatile Living Options: This dual living property presents an exciting opportunity for either a spacious family home or a profitable investment. You can choose to extend the existing layout into a large 6 bedroom residence or convert the newly built rear section into two separate granny flats for additional income.

Main Features:

Entrance: Step into a welcoming, spacious tiled lounge area that sets the tone for the home.
Kitchen: The fully fitted tiled kitchen boasts built-in cupboards, a stainless steel oven, a gas hob, and an extractor fan, perfect for culinary enthusiasts.
Bedrooms:
Main Bedroom: Spacious and comfortable, featuring cozy carpeting.
Second Bedroom: Also generously sized with ample space and fitted carpets.
Bathroom: A family bathroom equipped with a basin, toilet, bath, and shower caters to all your needs.
Newly Added Rear Section:
Currently incomplete, this two-story addition offers the potential for at least four more bedrooms,2 bathrooms and Kitchen Area. It is designed to be separate from the main house but can easily be connected for a seamless flow.
Parking: Ample parking space available for at least four vehicles, ensuring convenience for residents and guests.
Location: This property is ideally situated close to Promenade Mall, schools, and public transportation routes, making it a prime location for families and commuters alike.

Investment Potential

Whether you decide to expand the existing home or create separate living spaces in the rear section, this property promises excellent potential for rental income or a spacious family lifestyle.

Don't Miss Out!

Explore the possibilities and schedule a viewing to see how you can make this property your own!

Property Reference #: CCH1218

Agent Details:
Nabuweya Abrahams
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130

Id Subtitle 1318656777
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Estimated monthly repaymentR 8,128
Total property loan amountR 750,000
Total interestR 1,200,673
Total repaymentR 1,950,673
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 (Cape Coastal Homes / City Country Homes)
Selling for 1 year
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