Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit.
Web Ref No CENQ-0828
Generate necessary income in prime area of McDougallsbay
Here's a huge opportunity for a well-established property that can provide a potential income. 3 Separate units built with face bricks that offer low maintenance. 1st floor: Convenient stairs to the top. Largest living unit with lovely full sea views.Private patio that offers access to indoor braai and a 2nd entrance to an open plan lounge area and kitchen with ample counter space for prepping. Plenty of built-in cupboards. Separate room next to kitchen as well as a laundry room. Balcony with full sea view. Full bathroom and two bedrooms with fitted wardrobes. Ground level: 1 large apartment with its own covered patio, large open plan lounge and kitchen, Built in cupboards. Full bathroom and 2 bedrooms with built-in wardrobes. Below: smaller apartment with walk-in open plan lounge and dining area. Shower, toilet and basin,kitchen and walk out the back for braai facilities. Garage space for 3 cars. Stone's throw from the beach. The first floor apartment is mostly self-sufficient regarding electricity. There are 42 solar panels on the roof with a 5kw JSM invertor, regulator and 6 large solar batteries. The first floor apartment has 2 power lines. One connected to municipal power and 1 connected to the 36v solar system. Some appliances, for example the stove and 1 geyser, are connected to municipal power. The 3 apartment’s each has their own prepaid boxes. There property also boasts 3 x 5000 litre water tanks for extra water. Some furniture is sold with the house.