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R1,749,000

Monthly Bond Repayment R18,052.97
Calculated over 20 years at 11% with no deposit. Change Assumptions

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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

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
2
Reception Rooms
3
Exterior
Carports / Parkings
3
Security
Yes
Sizes
Floor Size
150m²
Land Size
236m²

Wynberg, Cape Town

Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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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

18,052.97

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