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R5,995,000

Monthly Bond Repayment R64,968.24
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,100

You Do Not Want To Miss This.

OPPORTUNITY.

Nestled in the heart of the prestigious Higgovale area, this property offers a unique opportunity to transform a tired structure into a magnificent residence. With a keen eye for potential and a touch of creativity, this fixer-upper could become your dream home.

Property Highlights:

Location: Situated in leafy Leeuwenhof Road, the property enjoys proximity to parks, trendy cafes, and other hotspots. This sought-after area is known for its charm and exclusivity.

Architectural Potential: This house, though in need of substantial renovations, cannot over capitalise for the area. The bones of the structure are sturdy, providing a solid foundation for your imaginative ideas. Please note this property is heritage.

Spacious Layout: The property boasts a generous downstairs area opening onto a secluded courtyard and lots of greenery, with two bedroom and two bathrooms downstairs and one bedroom ensuite upstairs, flowing out onto upstairs balcony with lovely mountain and cityscape views.

Fixer-Upper Potential: While the house requires attention and care, this is an opportunity for those with a passion for restoration. Unleash your creativity to breathe new life into this property, and witness the transformation from a neglected state to a captivating haven.

Investment Value: Acquiring a property in this esteemed neighborhood, even one in need of renovation, is a sound investment. Once restored, the house could significantly appreciate in value, reflecting both its historical charm and contemporary allure. This property has the potential to fetch a high rental.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Domestic Accommodation
1
Sizes
Floor Size
137m²
Land Size
230m²

Gardens, Cape Town

With so much to do in and around Gardens, it's a suburb where residents can easily forget that they are not on holiday. With so much happening and so many great properties in the area, buyers are constantly on the lookout for the next ideal investment. A brief history of the area In 1652, the Cape's first garden, which included a medicine garden, was laid out by the Dutch East India Company's master gardener....
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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

R
%

Monthly Payment

64,968.24

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