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R6,500,000

Monthly Bond Repayment R70,440.96
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

BEAUTIFUL FAMILY HOME WITH INCOME-GENERATING POTENTIAL IN HISTORIC WALMER ESTATE

ONSHOW: View by appointment.

This is a rare opportunity to own a property with a rich historical background at the foot of the iconic Table Mountain.

Spread across three spacious levels, the house is well-lit and airy, making it ideal for a large family or multi-generational living with older parents or relatives. With six bedrooms and four bathrooms, there is ample room to accommodate everyone comfortably.

There are two kitchens and two reception/lounge areas as well as a laundry area, storeroom, and a single garage, while off-street parking can accommodate up to four cars.

For the investor, this property can easily be subdivided into three rental units or a private space with two rental units for generating income on Airbnb or other short-term letting platforms. The ground floor can be used as a one-bedroomed apartment with a small kitchen, dining and lounge area, and one bathroom. It has private access, as well as an interleading door to the rest of the house. The first floor is another potential apartment with two bedrooms, one bathroom and a kitchen, lounge and dining area.

The views from this home are truly breathtaking. From the backyard, you can marvel at the majestic Table Mountain, while both lounges and some bedrooms offer spectacular vistas of Cape Town Harbour, stretching all the way to Robben Island and Blouberg.

One of the standout features of this home is its indoor pool and the shaded backyard, which offer a cool retreat during the hot summer months and a perfect space for entertaining.

Walmer Estate is a neighbourhood with a rich sense of community and a fascinating historical heritage. Living in this area allows you to immerse yourself in the warmth and charm of a place steeped in history, adding an extra layer of uniqueness to this remarkable property.

Contact Shameela today to secure an appointment to view.

Features

7
5
1
Interior
Bedrooms
7
Bathrooms
5
Kitchens
2
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
5
Security
Yes
Pool
Yes
Sizes
Floor Size
284m²
Land Size
402m²
Extras
Balcony • Bath Toiletand Basin • Built in Wardrobes • Extractor Fan • Dishwasher Connection • Oven & Hob • Shower Toiletand Basin • Tiled Floors • Multi Storey • Washing Machine Connection • Patio

Walmer Estate, Cape Town

The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in...
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Greeff Head Office Expansion
Greeff Christie's International Real Estate is expanding further into the Cape Town city bowl, growing their unique hands-on brand of professional service excellence to new markets. Despite the COVID19 pandemic, Greeff has...
 
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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

70,440.96

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