Monthly Bond Repayment R62,313.16
Calculated over 20 years at 11.75% with no deposit.
Web Ref No CEHS-7632
Guesthouse or Income generating Family home
Just move in! With glorious sea views from the Main Home and with 3 separate income-generating flat, this home is ideal for a Guesthouse, Air B&B, office/practice space or monthly rental income generation and is therefore an excellent investment.
The main house is suitable for a large family and perfect for the entertainer or guests - the home has beautiful views towards False Bay. The main home comprises 3 bedrooms, 3 bathrooms and includes a stunning open plan living area with sea- and mountain views and a patio with undercover braai. Second lounge and large kitchen with separate laundry. Main bedroom with en-suite and air conditioner. Second bedroom also boasts an en-suite bathroom and many BICs. Third bedroom with separate family bathroom. Tiled throughout. Separate study area. Double garage with separate undercover parking. Automated access.
The 3 flatlets, with current tenants, produce a monthly rental income of R22 500 pm! Property offers excellent security with burglar bars, Alarm system with beams, and CCTV cameras.
This large, green erf is situated in the popular Heldervue area and overlooking the Helderberg Mountains and False Bay, this property is conveniently situated with ease of access onto the R44 and main arterial routes. It is located within close proximity of De Hoop Primary School, Parel Vallei High School and Helderberg College as well as shopping centres. It would also appeal to buyers requiring easy access into Stellenbosch or the N2.