R1,749,000
Monthly Bond Repayment R18,052.97
Calculated over 20 years at 11% with no deposit.
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Investment Opportunity or Perfect 3 Bedroom Family Home with Separate Living Spaces
This fantastic corner property, located in a beautiful and tranquil part of Wynberg, offers a unique opportunity for both investors and families seeking a home with separate living spaces. Perfect for those needing privacy for extended family members or as a potential high-return investment property, this home features two self-contained units, each with its own entrance and driveway.
Downstairs Unit: The downstairs unit is warm and inviting, with two spacious bedrooms featuring beautiful wooden floors that flow seamlessly into the kitchen area. The open-plan kitchen is large and fully functional, leading to a cosy dining area and lounge. The bathroom is well-appointed with modern tiles, including a shower and toilet. The kitchen opens up to the backyard, which is currently enclosed from the apartment but could easily be opened up to create an additional outdoor living space.
Upstairs Unit: The upstairs unit is bright and airy, with a charming balcony offering partial mountain views, creating a serene retreat. The open-plan lounge area flows into a convenient kitchenette. The bathroom is stylishly updated, featuring both a shower and a bath. The spacious bedroom is separated for privacy and is flooded with natural light through dormer windows, adding to the character of this space.
Additional Features:
Located on a peaceful corner in a sought-after area of Wynberg, offering both privacy and tranquility.
Separate entrances and driveways for both units, ensuring independence for each living space.
Downstairs and upstairs units each have their own living areas, making this an ideal setup for extended family or tenants.
The current rental income of approximately R14,000 per month offers excellent cash flow, with the potential to increase to over R18,000 per month with modern updates and some renovations.
Whether you're looking to invest or need a home that accommodates family living with independence, this property is a must-see. Situated in a serene, quiet neighborhood, it’s the perfect balance of convenience and peace. Don’t miss out on this incredible opportunity! Contact us today to schedule a viewing.
Features
Interior
Exterior
Sizes
Wynberg, Cape Town
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International 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.