X

10 Bedroom Freehold For Sale in Vasco Estate

R4,600,000


Monthly Bond Repayment R49,850.52
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL20798

INVEST IN A PROPERTY WITH INCOME-GENERATING POTENTIAL IN VASCO ESTATE

This property caters to discerning investors, offering a unique blend of both commercial and residential rental income potential. Alternatively, it can serve as a spacious family home for a large or multigenerational family, while still leaving ample room for creating additional passive rental income. The property is in its final stages of renovation, with only minor cosmetic touch-ups remaining.

Situated at the heart of Vasco Boulevard, this home boasts easy accessibility to major routes leading to Cape Town's central business district, as well as the Northern, Southern, and Central Suburbs. It's conveniently close to Voortrekker Road and various public transportation options.

The double-storey main building has separate access for both the ground and first floors.

The ground floor is 140m² and offers versatile options, whether for self-contained commercial or residential use. It features a separate kitchen/kitchenette and ablution facilities, along with a separate prepaid electricity meter.

The first floor is 150m² and similarly versatile, with self-contained commercial or residential space, a separate kitchen/kitchenette and ablution facilities. The primary area is open-plan, allowing flexibility to adapt to tenant requirements. It also has its own prepaid electricity meter.

Nestled behind the main structure and separated by a charming courtyard, there are various residential-style accommodations. These include a mix of bachelor, two-bedroomed and three-bedroomed apartments. All apartments have private entrances and are fully self-contained, boasting separate kitchens/kitchenettes, bathrooms with showers, and spacious living areas. The three-bedroomed apartment offers potential for further division, if desired. All apartments have individual prepaid electricity meters.

The property provides secure on-site parking for up to four vehicles, and additional curb-side parking is readily available.

Don't miss out on this exceptional investment.

Call Beverly and Patrick today.

Features

Bedrooms 10
Security Yes
Bathrooms 6
Flatlet 1
Recep. Rooms 5
Dom. Accom. 1
Study 1
Land Size 496m²
Carports/Parkings 4
Pets Allowed Yes

Make an Offer

Market value

R4,600,000

Offers from

R4,600,000

Offers for this listing must be made in R4,600,000 increments. More Info

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Agent Contact Details

Beverly Coetzee
Head Office

Cell 081 271 1858
Office (021) 7634120
WhatsApp Me
Patrick Peters
Head Office

Cell 076 805 3113
Office (021) 7634120
WhatsApp Me

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy