R7,995,000
Monthly Bond Repayment R86,642.38
Calculated over 20 years at 11.75% with no deposit.
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R2,253
A Golden Investment Opportunity exists in Swellendam
This enviable address will appeal to the astute investor. The property consists of 8 guest cottages and one 1 large family home. The 8 cottages are currently generating a generous rental income.
The Country styled main house is, bursting with potential and can easily be converted to accommodate guests as well. The house consists of 3 Bedrooms, 3 Bathrooms, Open plan kitchen and an open plan living space with a working fireplace as well as a built-in braai.
The 8 Cottages are all neat as a pin and decorated with beautiful furniture. Cottages can be rented out on a permanent basis or used as self-catering bed and breakfast accommodation, depending on the new owner's needs.
Each cottage offers an open plan living space and an ensuite bathroom with a kitchenette and a gas stove. It further offers fibre and a television. Currently only 1 cottage is being used as a bed and breakfast and the other 7 has permanent tenants.
All financials and inventory lists are available on request, as this property is being sold as a going concern.
The lush green garden is low maintenance and working of an automated irrigation system. The property also provides parking for 10 plus vehicles and has a double garage with a separate part allocated for laundry.
The salt swimming pool and braai area is a big part of the beautiful setting, where guests can relax and be entertained after a long day exploring Swellendam and surroundings.
Contact your Harcourts agent today for a private viewing.
Features
Interior
Exterior
Sizes
Extras
Laundry • Built In Braai • Patio • Security Gate • House Style: Lifestyle • Views: Mountain • Views: Private • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Modern • Kitchen: Original • Kitchen: New • Kitchen: Open Plan • Kitchen: Gas Bottled • Kitchen: Microwave • Kitchen: Under Counter Oven • Kitchen: Finish • Kitchen Finish: Melamine • Kitchen Finish: Timber • Main Bedroom: Double • Main Bedroom: Walk-in-robe • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Double • Bedroom 4: Built-in / Wardrobe • Bedroom 5: Double • Bedroom 6: Double • Bedroom 7: Double • Bedroom 8: Double • Bedroom 9: Double • Bedroom 10: Double • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Garage • Window Coverings: Blinds • Heating / Cooling: Woodfire • Outdoor Living Braai Area: Lighting • Outdoor Living Braai Area: Power • Outdoor Living: Entertainment Area • Outdoor Living Entertainment Area: Covered • Outdoor Living Entertainment Area: Uncovered • Outdoor Living Entertainment Area: Partly Covered • Outdoor Living Entertainment Area: Paved • Outdoor Living: Washing Line • Pool: Inground • Pool: Salt • Garaging / Carparking: Double Lock-up • Garaging / Carparking: Off Street • Land Contour: Flat • Land Contour: Flat To Sloping • Condition: New • Condition: Excellent • Window/door Frames: Timber • Water Supply: Town Supply • Sewerage: Mains • Security: IntercomSwellendam, Swellendam
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