Monthly Bond Repayment R17,495.59
Calculated over 20 years at 11% with no deposit.
Web Ref No RL16183
Come & restore this 4-bedroom old dame of yesteryear to its full potential. Unlock a rental income exceeding R40,000 per month. In its current condition it is FOR SALE @ R1,695mill
Come with an open mind & breath new life into this stately home of yesteryear. With the University of the Western Cape & the Cape Peninsula University of Technology literally down the road, secured student accommodation can be given to at least 8 students at a cost exceeding R5000 each. This home needs is an owner with vision. A complete repaint of the inside & outside & making minor changes to this home can converted it into an 8-room student hostel thus restoring the home's value & unlocking its full rental potential.
I would like to arrange a private viewing of this home for you so contact me soonest