Property description
Calling for Investors!
We present an exceptional property in the heart of Cyrildene, featuring a main house with 4 spacious bedrooms, 3 bathrooms, 2 large lounges, and 2 expansive kitchens. Enjoy the stunning views of the city from the enclosed veranda, along with an inviting entrance hall. This property offers ample parking for 8 vehicles and a garage that accommodates 5 cars, which can easily be transformed into an additional 2-bedroom cottage. The main house is also equipped with a solar panel for energy efficiency.
Currently, this property generates a total income of R 40,500. A significant advantage is its potential for conversion into a Bed & Breakfast.
OUTBUILDINGS:
Flat 1
Located on the left side of the main house, this 2-bedroom cottage features 2 bathrooms, an open-plan lounge, and a kitchen, complete with a cozy courtyard.
Flat 2
This flat includes 2 bedrooms, 2 bathrooms, a lounge, and a kitchen.
Flat 3
The third flat consists of 2 bedrooms, 1 bathroom, and an open-plan kitchen and lounge area.
Flat 4
The fourth flat offers 1 bedroom, 1 bathroom, and an open-plan kitchen.
Don’t miss this incredible investment opportunity!
- Pool
- Flatlet
- Staff Accommodation
- Store Room
- Patio
- Freehold
- Security Features
- Sea View
- Pets Allowed
- Laundry
- Flooring: Tiles
- Walling: Fully Fenced
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
