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R4,695,000

9 Payne street

Monthly Bond Repayment R50,880.05
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,750

Charming Family home + Flat-let

This charming family home in Penzance offers a perfect blend of comfort, functionality, and income potential. The property features four well-appointed bedrooms, providing ample space for a growing family or guests. The spacious garden and sparkling pool create an ideal outdoor oasis for relaxation and entertainment.

One of the standout features is the self-contained income-producing flatlet, which has its own entrance. This space includes a modern kitchenette and lounge area, offering convenience and privacy. The large bedroom en-suite, with access to a wooden balcony boasting scenic mountain views, makes it an attractive option for Airbnb guests. Additionally, the flatlet has its private patio and garden space, enhancing its appeal.
As you enter the main house, you're greeted by a large lounge area with a wood combust fireplace, providing a cozy atmosphere during cold winter evenings. The dining space features a captivating window framing Little Lions head, adding a unique touch to the interior.
The small but functional kitchen leads to a sheltered outside sitting area, connecting seamlessly to the garden and pool. This design ensures a comfortable flow between indoor and outdoor living spaces, perfect for enjoying the pleasant Penzance weather.

The master bedroom en-suite is designed with versatility in mind, featuring an adjoining room that can serve various purposes according to individual needs. This flexibility adds value to the property by allowing residents to customize their living spaces.
For convenience, a full family bathroom services the two remaining bedrooms, providing practicality for daily living. The property's location within walking distance to the International School adds to its appeal, making it an ideal choice for families with school-age children.

Overall, this family home in Penzance offers a well-balanced combination of modern amenities, thoughtful design, and income-generating potential, making it a desirable and versatile living space.
“The residential suburb of Penzance is situated in the majestic Hout Bay valley, twenty kilometers from Cape Town.
The community-driven suburb is determined to ensure that the safety, values and diverse culture of the area endures”

“Only a few minutes from the sheltered white sandy beaches and the historic fishing harbour, Penzance is known for its open and familial atmosphere. Penzance is an area free of danger, where children can play in the streets again, and where parents can be reassured of their safety. From our block parties to our children trick-or-treating during Halloween, the Penzance community is undeterred in achieving a safe and harmonious home for all its residents”

Features

4
3
Interior
Bedrooms
4
Bathrooms
3
Kitchens
2
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
220m²
Land Size
991m²
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

50,880.05

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