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Five-Bedroom house with additional flatlets and outbuildings.
R 9,000,000
Can I afford this?19 Photo(s)
3 months ago93 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):2
Size (sqm):2383
Parking:Secure Parking
Description
Going on Auction: Wednesday 22 May 2024
Reserve Price: R9 000 000.00 (All offers will be reviewed)
Expected opening bid: R8 800 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Stunning five-bedroom house. Two bathrooms. Spacious living areas and a fully fitted kitchen. One, three-bedroom flatlet and one, two-bedroom flatlet. In addition to this lovely accommodation there are three separate outbuildings boasting with twelve, two-bedroom apartments. Fully paved yard with secure parking for nineteen vehicles. Fully secure property. Current rental income R113 800.00 per month. The seller has disclosed some defects. Onus is on the purchaser to repair. The property will be sold voetstoots.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Property Reference #: 1222805
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Reserve Price: R9 000 000.00 (All offers will be reviewed)
Expected opening bid: R8 800 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Stunning five-bedroom house. Two bathrooms. Spacious living areas and a fully fitted kitchen. One, three-bedroom flatlet and one, two-bedroom flatlet. In addition to this lovely accommodation there are three separate outbuildings boasting with twelve, two-bedroom apartments. Fully paved yard with secure parking for nineteen vehicles. Fully secure property. Current rental income R113 800.00 per month. The seller has disclosed some defects. Onus is on the purchaser to repair. The property will be sold voetstoots.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Property Reference #: 1222805
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Id Subtitle 1261889028
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Estimated monthly repaymentR 97,534
Total property loan amountR 9,000,000
Total interestR 14,408,073
Total repaymentR 23,408,073
Interest rate at 11.75% for 20 years *
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Rawson Properties Rawson Auctions Western Cape
Selling for 3+ years
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