Monthly Bond Repayment R40,524.33
Calculated over 20 years at 11.5% with no deposit.
This exceptional property features a main house along with two fully self-contained cottages, offering a blend of comfort and affordability for family living. Ideal for those seeking to manage expenses while enjoying privacy, security, and convenience, this residence boasts a panhandle driveway for added seclusion, with two electric gates enhancing both privacy and a sense of grandeur.
Upon entering the main house, you'll find an open-plan design that seamlessly integrates the kitchen, lounge, and dining areas, creating a warm and inviting atmosphere. The sheltered entertainment area, complete with an outdoor prep station, extends the living space outdoors. The beautifully landscaped gardens, featuring lush greenery, a fire pit with a built-in braai, and comfortable outdoor seating, further enhance the property’s appeal.
The double garage has been transformed into a versatile workspace, adjoining the domestic quarters which include a full bathroom. This bright and spacious area can be easily customized to meet your needs. Additionally, there is a laundry room adjacent to the kitchen. The property is equipped with electric fencing, alarms, and CCTV cameras, ensuring a secure environment. The main house and cottages are in pristine condition, reflecting careful maintenance and care. The cottages offer potential for passive income.
Cottage 1: This fully self-contained unit includes 2 bedrooms, 1 bathroom, a kitchen, dining area, TV room, and patio. It also features a single garage with an electric door and an additional carport. With prepaid electricity, it has the potential to generate approximately R10,000 in rental income per month.
Cottage 2: Also fully self-contained, this unit offers 2 bedrooms, 1 bathroom, an open-plan lounge with a kitchen, and a courtyard. It includes a single carport and prepaid electricity, with a potential rental income of around R8,000 per month.
Located on Market Street in Fairland, this property is a rare find, blending modern comforts with practical features.