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R1,800,000

49 Market Street

Monthly Bond Repayment R18,886.61
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Golden Oldie in Strand Central

This property in central Strand presents a unique opportunity for renovators and investors alike. With its historic charm and potential for transformation, it offers multiple options for customization. Whether you envision it as one large family home or as three separate units, this property has the potential to fulfill your dreams.

Key Features:

Renovation Opportunity: This old but charming property is in need of tender loving care (TLC). Renovators will find a blank canvas to bring their creative vision to life.

Versatile Configuration: The property can be configured as one large house or divided into three separate units. This flexibility allows for various occupancy options, catering to your specific needs.

Rental Income Potential: Currently, all three units are tenanted, making it a viable income-generating property. Investors can benefit from a steady monthly rental income stream.

Ideal for Airbnb: The property's proximity to the beach and central business area makes it an attractive option for Airbnb hosting. Short-term rentals could yield substantial returns.

Historic Character: The original wood floors and door frames add character and warmth to this old-school home. Preserving these features can enhance the property's charm and value.

Enclosed Verandah: Each unit features an enclosed verandah, providing additional living space and a cozy atmosphere.

Small Enclosed Courtyard: A small enclosed courtyard adds outdoor space and privacy to each unit, creating a comfortable living environment.

Unit Features (Each of the Three Units):

Lounge: Spacious living areas provide room for relaxation and entertainment.

Kitchen: Functional kitchens are equipped for everyday cooking needs.

2 Bedrooms: Each unit offers two bedrooms, providing comfortable sleeping quarters.

1 Bathroom: A shared bathroom serves the residents of each unit.

Small Back Garden: The small back garden offers a private outdoor area for each unit's occupants.

In summary, this property in central Strand represents an exciting opportunity for renovators and investors. Whether you're looking to create your dream home, generate rental income, or explore Airbnb hosting, this versatile property offers numerous possibilities. Its historic charm, original features, and central location make it a unique find in the real estate market.

Features

6
3
Interior
Bedrooms
6
Bathrooms
3
Kitchens
1
Reception Rooms
3
Sizes
Floor Size
104m²
Land Size
387m²
Extras
Laundry • House Style: Cape Dutch • Locality: Close To Beach • Locality: Close To Shops • Locality: Close To Transport • Kitchen: Original • Kitchen: Double Sink • Kitchen: Finish • Kitchen Finish: Melamine • Main Bedroom: Double • Bedroom 2: Double • Window Coverings: Drapes • Insulation: Ceiling • Heating / Cooling: Electric • Outdoor Living: Verandah • Outdoor Living: Washing Line • Land Contour: Flat • Condition: Fair • Condition: Renovator • Water Supply: Town Supply • Sewerage: Mains

Strand Central, Strand

On the edge of False Bay, at the foot of the Hottentots Holland Mountain lies the charming fishing village of Strand, making it a paradise for water enthusiasts and nature lovers.  Located in the Helderberg Basin, Strand is 20 minutes from Cape Town International Airport, 45 minutes from the CBD and 20 minutes from Stellenbosch. Families can enjoy some retail therapy at the Strand Square, Twin Palm Centre...
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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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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

18,886.61

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