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R3,700,000

20 Optenhorst
Monthly Rates
R1,098 Excl. VAT

Prime Mixed-Use Property with Endless Potential in Paarl North

Welcome to this remarkable investment opportunity in the heart of Paarl North. Ideally positioned across from the highly anticipated Optenhorst Residential Estate & Business Center, this versatile property is not just a home—it's a gateway to multiple income streams and business possibilities.

Main House & Airbnb Unit:

The main house offers a charming two-bedroom residence, complete with a well-appointed bathroom, spacious living and dining areas, and a modern kitchen that effortlessly caters to both family living and entertaining. Large doors open onto a lush, private garden, creating an inviting indoor-outdoor flow perfect for relaxation or gatherings.

An adjoining Airbnb-ready unit with two additional bedrooms and a bathroom is ideal for generating rental income or could easily be reintegrated into the main home, offering flexibility for various living arrangements.

Standalone Garden Cottage:
Adding to the property's value is a standalone garden cottage with its own entrance. This unit features an open-plan kitchen and living area, one bedroom, and a full bathroom. A large door leads from the living area to a private garden, offering tenants a serene retreat. Currently bringing in a substantial monthly rental income, this cottage enhances the property's investment appeal.

Business Potential:

This property is more than just a residential haven—it holds significant potential for business ventures. The prime location, coupled with the property's layout, makes it ideal for conversion into a restaurant, coffee shop, or boutique guest house. The visibility and proximity to the new business center offer a steady stream of potential customers, making this an attractive option for entrepreneurs.

Whether you’re looking to expand your property portfolio, start a business, or find a home that offers both comfort and income potential, this property presents an exceptional opportunity.

Don’t miss out on this unique chance to own a piece of Paarl's thriving real estate market. Contact us today to schedule a viewing and explore the possibilities this property has to offer.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
893m²
Extras
Near Shops • Safe Location • Near Highway • Near Hospital • Near Medical Center • Near Schools • Unfurnished • On Busy Road • Near Airport • Near Shopping Mall
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

52,020.31

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