10 bedroom

R 5,500,000

Can I afford this?
3 months ago63 views
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Description
I'm Garnett Coetzee, your hardworking agent eager to guide you through your purchasing journey. Count on me to ensure a smooth and successful experience. Let's team up and make your buying dreams a reality.

Below is a description of the property and please take time to watch the video!


Introducing an extraordinary property that's not just a home but an investment opportunity of a lifetime! This expansive estate comprises a main house and four charming cottages, making it an ideal prospect for lucrative rental income. Let's delve into the exceptional features of each dwelling:

Main House:
This fabulous residence boasts 2 bedrooms and 2 bathrooms, creating a perfect blend of comfort and functionality. The kitchen is a culinary haven with granite tops, a glass hob, extractor fan, water filtration, built-in eye-level oven, and a convenient serving hatch. The semi-open plan lounge adds an inviting touch, creating a harmonious living space.

Cottage 1:
A fully furnished haven with 2 bedrooms and 2 bathrooms, one being en-suite. The open-plan kitchen, dining area, and lounge are complemented by an interleading door to the garage, providing both convenience and privacy.

Cottage 2:
This tastefully furnished cottage offers 2 bedrooms and 1 bathroom en-suite. The open-plan kitchen, dining area, and lounge seamlessly connect, and an interleading door to the garage enhances the overall functionality.

Cottage 3:
Featuring 2 bedrooms and 2 bathrooms, with one bedroom en-suite, this fully furnished cottage offers a spacious open-plan kitchen, dining area, and lounge. It includes built-in cupboards and a separate garage for added convenience.

Cottage 4:
With 2 bedrooms and 1 bathroom, this cottage is furnished and equipped with built-in cupboards. The kitchen, dining area, and lounge are thoughtfully designed for comfort. A separate garage adds an extra layer of functionality.

Property Amenities:
The estate doesn't stop at residences; it extends to a range of amenities. Domestic quarters with a kitchen, room, and separate bathroom ensure convenience. A well-equipped laundry comes complete with built-in cupboards, a washing machine, and a tumble dryer. A storage room with shelves adds practicality to the property.

The communal braai area, featuring 4 braai stands and 4 tables, is perfect for social gatherings. In addition, there's a backup water supply to ensure uninterrupted living. The property boasts a total of 6 garages, with 2 interlinking with the cottages, 1 extra single garage, and another spacious double garage.

This property is not just a home; it's an investment opportunity offering a lifestyle of comfort, convenience, and potential income. Seize the chance to make it yours!

Property Reference #: CL113

Agent Details:
Garnett Coetzee
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal

Id Subtitle 1259564963
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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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Selling for 3+ years
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