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EXTRA LARGE PLOT WITH POTENTIAL
R 2,250,000
Can I afford this?25 Photo(s)
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General Details
Location:
For Sale By:Agency
Description
This solid build house on an extra-large 1600 sqm plot, well situated in the upper west side of Darling , calls out for a full innovative revamp and internal upgrade to be transformed into a dream house without over capitalizing.
The home consist of a lounge, dining room and kitchen, with a adjacent 100 sqm enclosed undercover entertainment and pool area, with build in braai. Gunite pool not in use at stage, need some TLC. Pump and filter in good order. Pool area have own dressing room.
Four bedrooms with 2.5 bathrooms complete the home layout. Main bedroom with walkthrough wardrobe and en suite bathroom. Add to this a large 62 sqm double garage that can fit 4 vehicles, fitted with two automated roller doors, with internal access from home. Two brand new geysers.
Being originally designed to be a double story dwelling, a large part of house has a solid steel enforced concrete roof structure hidden behind a small parapet wall. This open up an option to add a first floor.
The actual value and potential of the property is in the size of plot and placement of dwelling that allows for further add- on options or build a second dwelling/units within by-law terms. For developer and investor- Ideal opportunity for plot subdivision and re- development total property into at least 4 cluster/duplex units, a much-needed form of housing in Darling.
Garden is a blank canvas with some well-situated shade trees.
Darling has that rural charm and tranquility with all the basic enmities and shops required. 30 minutes maximum drive take you to Malmesberry for shopping or Yzerfontein for beach side relaxation. Less than 60 minutes' drive from Cape Town. Add to this a very effective municipal service and quality fibre to home service options.
Has Pool
Property Reference #: RL5359
Agent Details:
Drikus Stander
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
The home consist of a lounge, dining room and kitchen, with a adjacent 100 sqm enclosed undercover entertainment and pool area, with build in braai. Gunite pool not in use at stage, need some TLC. Pump and filter in good order. Pool area have own dressing room.
Four bedrooms with 2.5 bathrooms complete the home layout. Main bedroom with walkthrough wardrobe and en suite bathroom. Add to this a large 62 sqm double garage that can fit 4 vehicles, fitted with two automated roller doors, with internal access from home. Two brand new geysers.
Being originally designed to be a double story dwelling, a large part of house has a solid steel enforced concrete roof structure hidden behind a small parapet wall. This open up an option to add a first floor.
The actual value and potential of the property is in the size of plot and placement of dwelling that allows for further add- on options or build a second dwelling/units within by-law terms. For developer and investor- Ideal opportunity for plot subdivision and re- development total property into at least 4 cluster/duplex units, a much-needed form of housing in Darling.
Garden is a blank canvas with some well-situated shade trees.
Darling has that rural charm and tranquility with all the basic enmities and shops required. 30 minutes maximum drive take you to Malmesberry for shopping or Yzerfontein for beach side relaxation. Less than 60 minutes' drive from Cape Town. Add to this a very effective municipal service and quality fibre to home service options.
Has Pool
Property Reference #: RL5359
Agent Details:
Drikus Stander
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Id Subtitle 1271047539
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Estimated monthly repaymentR 24,384
Total property loan amountR 2,250,000
Total interestR 3,602,019
Total repaymentR 5,852,019
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Selling for 3+ years
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