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R1,850,000

Monthly Bond Repayment R20,048.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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For sale, 6 bedrooms, 6 bathrooms, granny flat, double garage in Cambridge, East London.

"Exceptional Investment Opportunity: Versatile Property with Abundant Rental Potential!
Welcome to a property that defines versatility and promises a wealth of possibilities for shrewd investors seeking remarkable returns. As you pass through the motorized gate, a freestanding double garage with a modern motorized door greets you, offering secure parking and convenience that sets the tone for what lies beyond.
Step inside, and the entrance exudes a sense of grandeur, adorned with beautiful stone pillars that frame the entrance into a sprawling and inviting lounge. The oversized glass door, a true centerpiece, features intricate patterns, inviting you to discover the elegance that unfolds within.
The seamless open-plan layout connects the lounge to a spacious dining area, creating an engaging space for gatherings and making everyday living a pleasure. From here, you'll transition into a magnificent kitchen that is the epitome of both style and functionality. The kitchen boasts an impressive array of cabinets, providing an abundance of storage space that's a dream for any culinary enthusiast. A standout feature is the central island topped with a sleek glass cooktop, where culinary creativity can flourish.
Within the kitchen, concealed behind seemingly ordinary cupboard doors, is a captivating surprise. Open these doors to reveal a hidden staircase that leads to a lower level housing two separate rooms, each equipped with its own toilet and bathing facilities. This discreet design presents a unique potential for multifunctional usage or an inventive rental opportunity.
The hallway guides you to two thoughtfully designed rooms, each radiating comfort and tranquility. One of these rooms is graced with an en-suite bathroom, featuring both a shower and a bath, offering an oasis of relaxation and a sanctuary of convenience.
Continuing on, another spacious lounge area awaits, offering a distinct ambiance that is perfect for relaxation or socializing. Through a sliding door, a transition into a potential second dining area creates a seamless flow, enhancing the flexibility of this exceptional space. An adjacent utility room beckons, equipped with connections for a washing machine, ensuring that daily chores are handled with ease. Nestled nearby, yet another room is positioned, complete with its own en-suite bathroom, an embodiment of thoughtful design and functional living.
As you step outside into the expansive backyard, the full potential of this property becomes evident. A charming fishdam and a children's wooden swing create an idyllic outdoor haven, perfect for unwinding and outdoor entertainment. Adjacent to the main house, a separate external room with an en-suite bathroom offers privacy and the possibility for a self-contained unit, ideal for guests or tenants.
The modern tile flooring throughout the property adds a touch of elegance and complements the contemporary design. Selected sections of PVC ceilings enhance the aesthetic appeal, adding a layer of modernity and style to the overall composition.
This remarkable property is more than just a home; it's a canvas for your investment vision. With its strategic layout, potential rental income streams, and dynamic features, the possibilities are limitless. It's an opportunity to harness the burgeoning demand for shared living spaces, creating a revenue stream that aligns perfectly with the current real estate landscape.
Unlock the door to unprecedented investment potential. Whether you're an astute investor or a strategic homeowner, this property holds the key to a future of possibilities. Don't miss this chance to be part of the dynamic Duo's journey. Reach out today and schedule a viewing with Bee or Gustav from Realtor SA Powered by EXP.

Features

5
5
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
5
Flatlet
1
Sizes
Floor Size
291m²
Land Size
923m²
Extras
Near Schools • Washing Facilities(in building) • 2 Car Garage • Staff Accommodation • Near Railway station • Brick • Playground • Near Park • Water - Tank • Modern • Garage with Automatic Door • En-suite Bathroom • Built In Braai • Garage • Kitchen - Extra • Built In Appliances • Near Shops • Upgraded Bathroom • Near Public Transportation
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

20,048.58

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