Monthly Bond Repayment R31,939.57
Calculated over 20 years at 11.5% with no deposit.
Web Ref No TPR2327
Ideal Property for investors in Westville
This income generating home has multiple flatlets that can be rented out for around R40 000.00 or repurposed as student accommodation fetching much more. It can even be used as a very large family home with swings for the kids. Using a little imagination, the sky is the limit.
The 3000 square meter property consists of the following:
The main house has a solar geyser. It consists of 3 bedrooms, two bathrooms, a spacious kitchen with plenty of cupboard space and a scullery. The sunken lounge has high wooden beams and show cases a striking functional fireplace. The dining room flows from the lounge and opens onto a verandah where you can enjoy your evening cocktails overlooking the pool and enjoy the sound of the birdlife in the trees.
There are 3 flatlets below the main home, 2x 1-bedroom open plan with bathroom and kitchenette and 1x 1bedroom open plan with shower in bathroom. The storeroom adjacent to these flatlets can be utilized as a man cave or even a gym.
There are 2 garden cottages leading onto the pool. They each have 2 bedrooms, 1 bathroom and an open plan living area. There is also another 1-bedroom flatlet adjacent to the cottages which has an open plan living area and a shower in the bathroom. This spacious home can easily park 10+ vehicles.