R4,400,000
R4,400,000
Monthly Bond Repayment R46,922.90
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,200
Double Storey Thatch House in West Beach with Five Bedrooms including both Flatlets
Ideal investment property, currently generating a gross rental income of +- R35,950 per month for the main house and two fully furnished, short term rental friendly bachelor flats with their own separate entrance. Well located in West Beach, less than 1km from the beach.
The property comprises a total of five bedrooms if one includes the two bachelor flats, with the main house being split over two levels, with the living area; lounge, kitchen and enclosed sun-room downstairs and three bedrooms and two bathrooms upstairs. Outside is a low maintenance courtyard that is used exclusivity by the main house tenant. The two bachelor flats are located on the side of the property, that share a separate entrance from the main house, each with their own bathroom and kitchen. The property has recently gone off-grid, with solar panels having been installed and a backup inverter at a cost of +- R180 000. There is a driveway space to park two vehicles and grass area for parking additional vehicles.
Under Roof Floor Area: +- 160 sqm
Erf Size: +- 324 sqm
* Please note the interior photos of the main house are for reference purposes only and were taken when the property was staged a few years ago, they are not an indication of the current condition of the property.
Features
Interior
Exterior
Sizes
Extras
Near Schools • Near Public Transportation • High Speed Internet • On Quiet Road • Near Beach • Solar Panels • Near Fitness centre • Near Shops • Fibre • By the sea • Country Side • Washing Facilities(in building) • Battery/Backup Inverter • Near Bus • Near Park • Near Children's Park
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