Monthly Bond Repayment R157,388.40
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RL11201
9 bedroom farmhouse.
CALLING ALL INVESTORS AND DEVELOPERS
In the heart of Milnerton 3min walk from Milnerton high school and 3 mins from myciti bus stop and in walking distance from the Golf Course and beach, you will find a one-of-a-kind investment opportunity, an original farmhouse on an enormous Erf size of 2522m2. It comes with JoJo tank, borehole and 2 inverters. The property is secured with electric fencing and 24h security cameras. The potential that this property offers is endless.
On the property there is a total of 9 bedrooms, 9 bathrooms, 2 kitchens and storeroom inside the house. Of the 9 is 2-bedroom cottages detached from the main house. There are 4 entertainment areas, one of which has a Jacuzzi and pool. The cottage is enclosed with fencing and has a kids jungle gym play area. There is a storeroom detached from the house, which used to be used as horse stables that could be converted into 4 or 5 more flatlets or rooms. There is also still plenty open space on the property that could still be utilized.
On the top floor there is a 360 degree lookout out deck.
To name all its potential would be impossible. With a touch of modernization and vision, this one is a must see and would appeal to the investors and developers