GuestHouse in Grosvenor For Sale

R 1,795,000

Can I afford this?
11 months ago238 views
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General Details
Location:
Size (sqm):1538
Parking:Garage
Description
GREAT INVESTMENT and INCOME

Close to all amenities and local Beaches and an Inland View.

This large property is ideal for the investor looking to subsidize the bond payments.
This property is currently utilized as an Air B & B.

The main House is a spacious 3 bedroom 2 bathroom 1 dining room 1 kitchen. This home also offers a front and rear enclosed balcony, with a garage.
Upstairs is a large 2 bedroom 1 bathroom open plan kitchen dining room lounge area with a great view inland.
A separate 2-bedroom unit with bathroom kitchen and dining room is located away from the main house and is fully tiled.
A second 2-bedroom unit with2 bathrooms kitchen is also located separately from the main house.
CCTV Cameras and an Alarm system is installed.

This property is currently running as a self-catering unit and generating R 17000 pm.
Should a buyer wish to revert back to residential premises Council rates can be made with the City Council to reduce the monthly rates to a standard residential property.

There are 2 paved driveways on the property and is right at the end of a cul de sac.






# Entrance Hall: 1
# Parking: 1
Rates And Taxes: 3678
Has Garden
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3978093

Agent Details:
Cathy Vorster
West Coast and Swartland
Chas Everitt
225 Kenyon Howden Road
Montclair
4004

Id Subtitle 1211627019
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Estimated monthly repaymentR 19,453
Total property loan amountR 1,795,000
Total interestR 2,873,611
Total repaymentR 4,668,611
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 3+ years
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