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R12,000,000 | 4 Bedroom House For Sale in Vredehoek

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R12,000,000

Monthly Bond Repayment R121,827.47
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R6,000

Spacious 4-Bedroom (Multi-Level) Home with City Views, Pool & Income-Generating Flatlet

SOLE MANDATE

This beautiful and versatile home offers the perfect combination of comfort, style and functionality, with spectacular city views, spacious living areas and excellent rental income potential.

Designed for modern family living and entertaining, the property features a three-bedroom main residence, a self-contained one-bedroom flatlet, a swimming pool, multiple entertainment areas and secure parking.

An excellent opportunity for investors or buyers looking for a spacious family home with additional income potential.


Main Residence

Spacious Open-Plan Living

The bright and inviting open-plan living area is designed for comfortable everyday living and entertaining. A fireplace creates a warm atmosphere during the cooler months, while large windows allow plenty of natural light into the home.


Balcony with Spectacular Views

Step onto the balcony and enjoy sweeping views of the city. Complete with a Weber braai, this outdoor space is ideal for relaxed evenings and entertaining friends and family.


Fully Equipped Kitchen

The modern kitchen offers generous counter space and quality appliances, including a fridge-freezer, dishwasher, oven, stove and microwave. A washing machine and tumble dryer provide additional convenience.


Three Comfortable Bedrooms

The upstairs main bedroom features a walk-in closet and a spacious en-suite bathroom with both a bath and shower.

The second and third bedrooms are generously proportioned, with built-in cupboards and enough space to accommodate king-size or twin beds.

A small pyjama lounge or landing area provides additional living space, while a second bathroom with a shower-bath combination serves the remaining bedrooms. A guest toilet is conveniently located on the main living level.


Direct Garage Access

The automated double garage offers secure parking for two vehicles, with direct access into the home for added convenience and security.


Self-Contained One-Bedroom Flatlet

The lower level offers a spacious, fully self-contained flatlet with its own private entrance, making it ideal for extended family, guests or generating additional rental income.


The flatlet features:

Spacious open-plan living and dining area

Fully equipped kitchen with fridge-freezer, oven, stove and microwave

Generously sized bedroom with built-in cupboards and en-suite bathroom with shower

Separate study, ideal for working from home

Large glass stacking doors opening onto a private patio

Indoor braai, perfect for year-round entertaining


The separate entrance and independent living facilities provide excellent flexibility while maintaining privacy between the two residences.


Outdoor Living & Parking

The property offers a lovely garden and swimming pool, creating an inviting space for relaxation and outdoor entertaining.


Additional features include:

Automated double garage with direct access

Additional covered parking for one vehicle behind an automated gate

Ample street parking for visitors

Pet-friendly outdoor spaces

Multiple entertainment areas

Beautiful city views from the upper levels


Rental Income & Lease Details

The property is currently tenanted, offering an attractive investment opportunity with an established rental income.


Main Residence (Upstairs)

Monthly rental: R39,500

Current lease expires: 31 January 2027

One-Bedroom Flatlet (Downstairs)

Monthly rental: R20,000

Current lease expires: 31 July 2027

Combined Rental Income: R59,500 per month


Total Annualised Rental Income: R714,000, based on the current rental amounts, assuming both portions remain let at these rates for a full 12 months.


The separate leases also offer flexibility for future owner occupation, continued investment or a combination of both, subject to the existing lease agreements.


A Versatile Home with Excellent Investment Potential

Whether you're looking for a spacious family home, a property with a separate flatlet for extended family, or an investment with established rental income, this home offers an excellent combination of lifestyle and versatility.

With its spectacular views, generous accommodation, swimming pool and multiple entertainment spaces, this is a property well worth viewing.


Important: VAT is payable on the purchase price. This is not a transfer duty sale.

Features

4
4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchen
2
Reception Rooms
4
Furnished
Yes
Exterior
Garages
2
Security
Yes
Parkings
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
310m²
Land Size
327m²
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-33.9423693, 18.4245702
Marcell Bester
Marcell Bester
Principal Property Practitioner Registered with PPRA
(FFC 2023219189)
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