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R4,595,000

Monthly Bond Repayment R49,796.34
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,835

IS THAT A SCHOOL AND A HOUSE I SEE?

Unlock the potential of this unique property in the heart of Parklands, where an exciting opportunity awaits for visionary investors. Nestled on a substantial corner erf in a bustling and popular area, this expansive property currently houses a school that, while requiring some tender loving care, holds immense promise for a transformative revival.

The school, though temporarily dormant, showcases the bones of a dynamic educational institution. With a sprawling layout and abundant space, this establishment is poised for rejuvenation. Ideal for those with a passion for education and an eye for revitalization, this property allows for the creation of a thriving learning environment.

Situated on this impressive erf is a double-story residence, presenting additional possibilities for utilization. This secondary dwelling is a canvas for creativity, offering the potential for conversion into administrative offices, faculty accommodations, or additional learning spaces. The inclusion of the residence enhances the property's versatility, making it an all-encompassing investment with options for residential and educational use.

The prime location at the heart of Parklands ensures proximity to various amenities, shopping centers, and easy access to transportation, adding convenience to the property's appeal.

Surrounded by ample greenery and open spaces, the property provides a serene backdrop for educational endeavours. With potential for landscaping improvements and thoughtful renovations, the outdoor areas can be transformed into vibrant spaces that enhance the overall ambiance.

This property, with its expansive layout and strategic location, beckons those with a vision for revitalizing educational spaces. Don't miss this chance to breathe new life into a school and create a dynamic learning institution. Explore the untapped potential of this sizable property, where the school awaits a transformation, and the included residence adds an extra layer of opportunity to this promising investment.

Features

6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
8
Sizes
Floor Size
327m²
Land Size
2,136m²

Parklands, Blouberg

Parklands, located in Cape Town, is a developing suburb close to Blouberg. It shares borders with Tableview and Cape Town and is a part of the Western Seaboard residential zone. Known for its rapid growth, Parklands is becoming a prominent residential area in the Western Cape. The neighbourhood features a mix of low-density suburban regions and higher-density apartment blocks. A mix of luxury gated communities...
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Elevate your fitness journey at Parklands' gyms
Get ready to transform your body and achieve your fitness goals like never before in the vibrant area of Parklands, especially with a wide selection of excellent fitness centres, including Planet Fitness, Virgin Active, and HIIT...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

49,796.34

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