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R2,700,000

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,705

5 Bedroom House For Sale in Mowbray

5 Bedroom, 3 Bathroom Investment Opportunity with parking – expansion possible

Introducing the middle of a row of 3 semi-detached heritage cottages with a large open space at the back where expansion of perhaps a 2nd double-story unit with mountain views is possible. (Municipal approval applies) There is off-street parking for 1 car in the front of the property.

The property has solid bones and beautiful heritage features including original fireplaces, high ceilings, generous proportions and original flooring and was previously used as student accommodation.

The neighboring cottage also belongs to the same owner and could be purchased together with this unit.

The possibility exists to have a reciprocal servitude registered to create access from a side road thus enabling access to the vacant ground at the back of this unit. (The neighboring corner unit has access to the back already).

The property benefits from a north-facing orientation and the natural light of particularly the front facing rooms create a warm and inviting atmosphere. The home is situated at the front of the erf, flanked by 2 neighboring semi-detached cottages and offers ample space at the back for potential extensions and a sprawling garden with breath-taking mountain views.

Step inside to explore the layout of this remarkable property. To the left of the front door, you'll find a versatile room that can serve many purposes but functioned as a bedroom in recent years. With wooden floors, a sash window, and a cozy fireplace, it exudes charm and character. On the right side of the entrance, another north-facing room awaits, complete with built-in cupboards and naturally with flexible usage options too. This room has also functioned as a bedroom in recent years.

The living area, the heart of the home, reveals a comfortable open-plan living space with an original fireplace, vintage light fitting, and original wooden floors. Seamlessly connected to this area is the compact open-plan kitchen to the far side, featuring a fitted wooden cabinet, sink, sash window, and an impressive high-pitched ceiling with a roof window allowing natural light to flood this area. A conveniently located guest bathroom, equipped with a shower, basin, and toilet, enhances the functionality of the living space.

The spacious 3rd bedroom is position across from the living area with wooden flooring underfoot.

The 4th bedroom features a walk-in closet and a bathroom boasting a bath, shower-over-the-bath, basin, toilet, and a welcoming sash window.

The 5th bedroom offers French doors leading to a private courtyard, creating a tranquil retreat within the property. This room also boasts its own en-suite bathroom, complete with a shower, basin, and toilet.

Step outside to the spacious back garden, offering ample room for potential extension or even the addition of a pool. Let your imagination run wild as you envision the possibilities of creating your dream outdoor oasis.

With a total of 5 bedrooms, an open-plan lounge (no dining area), and 3 bathrooms (2 of which are en-suite), this property provides comfortable and versatile living spaces. Additional storage space is available through a large trap door leading to the roof storage area, complete with wooden flooring and insulation.

The property is centrally located, near the proposed Amazon Head offices, close to parks, Rondebosch Common and the Liesbeek River green; close to a number of hospitals, UCT, highways leading to the city and airport and the many distinguished schools of Cape Town's Southern suburbs.

Features

5
3
Interior
Bedrooms
5
Bathrooms
3
Reception Rooms
1
Exterior
Carports / Parkings
1
Sizes
Land Size
348m²

Mowbray, Cape Town

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

29,260.09

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