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R11,195,000

Monthly Bond Repayment R121,321.01
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

EXPANSIVE 10-BEDROOMED INVESTMENT IN COVETED KENILWORTH UPPER

Presenting an exceptional opportunity, this sprawling property located in the highly sought-after Kenilworth Upper is currently operating as a highly successful guest house with an impressive occupancy rate. Boasting a desirable north-facing orientation, the property comprises a magnificent seven-bedroomed main house complemented by seven bathrooms, as well as a charming three-bedroomed cottage featuring three bathrooms.

With a total of 10 bedrooms and 10 bathrooms, this property offers a wealth of possibilities. It is an ideal choice for large families seeking ample living space, those embracing multigenerational living arrangements, or astute investors looking for a lucrative business venture. Moreover, for those considering purchasing the property as a going concern, there is an opportunity to acquire it at a zero VAT rating, subject to specific criteria set by the receiver being met.

The main house spans three floors with seven bedrooms, six of them benefiting from en suites and the seventh bedroom sharing a well-appointed family bathroom. The living area is spacious, seamlessly integrating an open-plan lounge, dining room, and TV area, all enhanced by a built-in fireplace for cosy gatherings, and leading out to a sun-kissed patio. The farmhouse-style kitchen offers built-in cabinetry with granite countertops.

Complementing the main house is a cottage with an open-plan kitchen and lounge, designed to foster a warm and inviting atmosphere, and three bedrooms, two of which offer en suite bathrooms. The third bedroom has access to a separate family bathroom. Notably, the property has been subdivided, allowing the possibility of selling the cottage independently from the main house at a later stage.

A double garage provides secure parking for your vehicles, while an additional five cars can be accommodated in the off-street parking area. The beautifully landscaped garden invites tranquillity and relaxation, while a paved braai area sets the stage for enjoyable outdoor gatherings. The crowning jewel is a generously sized, sparkling swimming pool, providing the perfect respite on warm summer days.

Situated in a prime location in one of Cape Town's most prestigious suburbs and close to renowned schools, this is an ideal choice for large families seeking a dream home or investors eager to capitalise on the property's high potential for returns.

Contact Andre or Kim today to secure an appointment.

Features

10
10
2
Interior
Bedrooms
10
Bathrooms
10
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
1,249m²

Kenilworth Upper, 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

R
%

Monthly Payment

121,321.01

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