R4,600,000
R4,600,000
Monthly Bond Repayment R49,850.52
Calculated over 20 years at 11.75% with no deposit.
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INVEST IN A PROPERTY WITH INCOME-GENERATING POTENTIAL IN VASCO ESTATE
This property caters to discerning investors, offering a unique blend of both commercial and residential rental income potential. Alternatively, it can serve as a spacious family home for a large or multigenerational family, while still leaving ample room for creating additional passive rental income. The property is in its final stages of renovation, with only minor cosmetic touch-ups remaining.
Situated at the heart of Vasco Boulevard, this home boasts easy accessibility to major routes leading to Cape Town's central business district, as well as the Northern, Southern, and Central Suburbs. It's conveniently close to Voortrekker Road and various public transportation options.
The double-storey main building has separate access for both the ground and first floors.
The ground floor is 140m² and offers versatile options, whether for self-contained commercial or residential use. It features a separate kitchen/kitchenette and ablution facilities, along with a separate prepaid electricity meter.
The first floor is 150m² and similarly versatile, with self-contained commercial or residential space, a separate kitchen/kitchenette and ablution facilities. The primary area is open-plan, allowing flexibility to adapt to tenant requirements. It also has its own prepaid electricity meter.
Nestled behind the main structure and separated by a charming courtyard, there are various residential-style accommodations. These include a mix of bachelor, two-bedroomed and three-bedroomed apartments. All apartments have private entrances and are fully self-contained, boasting separate kitchens/kitchenettes, bathrooms with showers, and spacious living areas. The three-bedroomed apartment offers potential for further division, if desired. All apartments have individual prepaid electricity meters.
The property provides secure on-site parking for up to four vehicles, and additional curb-side parking is readily available.
Don't miss out on this exceptional investment.
Call Beverly and Patrick today.
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