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R2,650,000

20 Chestnut Street

Monthly Bond Repayment R28,718.24
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
R1,200

Income Potential with 3 Units

Exclusive Mandate - Seeff Sedgefield is excited to present this new income potential property, great for the discerning investor. With 3 separate units, this is the ideal option to invest in our sunny seaside town of Sedgefield...

Set down a panhandle the property has a well established garden, and ample parking. With an automated double garage, and laundry inside the garage with Novalon flooring. There are 3 shaded carports which cater for ample visitors or tenants.

Main House:
The main house is solidly built with clinker brick and boasts views over the greenery of Sedgefield, the Outeniqua mountains and the lagoon. The spacious patio, and sliding doors bring the views to you! The open plan kitchen and lounge are light and airy, with high volume ceilings. The kitchen has built in cupboards with a gas stove and oven. The main bedroom has built-in cupboards, with a large loft. The loft is light and bright, with a skylight. The windows all have blinds. The second bedroom look out onto the garden, with built in cupboards. The bathroom has a Victorian styled bath, with a retro feeling design in the black and gold tiles. The main house features La Grand light switches and electrics throughout the house.

1 bed flat:
Separate 1 bedroom flat, with an enclosed veranda, features a kitchenette, bedroom and a bathroom with a shower. The flatlet can lead directly into the garage, but is separate with an existing tenant, and it's own carport.

Park-a-home:
This unique feature park-a-home is set on a foundation, and all on plan. The quaint wooden patio has a built in braai and leads to the lounge, which has its original 70's built-in furniture. To the right is the first bedroom with built-in cupboards. The lounge and kitchen have a linoleum floor with a dining booth and built in cupboards. The second bedroom is off the kitchen, with built in cupboards and the bathroom has a bath with gas geyser. The back door leads to the enclosed and separate back garden. There is also eco rubber insulate on the roof. The unit is currently tenanted.

The garden has large trees, ample bird life and a shady braai area, with a braai pit and concrete benches. The Wendy house has electricity, and the fisherman's sink has its own geyser and outdoor shower with a toilet. There is also lighting here, for evening braai's. Built around the 23 year old Wild Fig is a wooden viewing deck.

Features:
Chroma-deck wind lock roof
Built in 2000
Home automation system for the alarm
Battery back up system for the alarm
2x cameras
8x beams on perimeter
Solar lighting outside
4x 260Litre water tanks
Banana, lemon and guava trees
Wild fig tree
2 x septic tanks
Each unit is alarmed
700Litre greywater system
2x gas geysers
1x electric geyser

This property has all the features that one looks for in an investment, or to live and use the other 2 units for income, or if you have family or to airBnB or... or... or.... The options are available, how can this property work for you? It is ideally situated in our serene coastal haven, with close proximity to George airport, we have the best of both worlds, with the ocean, the lagoon and the mountains.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
2
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
3
Security
Yes
Flatlet
2
Sizes
Floor Size
157m²
Land Size
969m²

Sedgehill, Sedgefield

Sedgefield is a hidden gem in the Western Cape's Garden Route that captivates with scenic landscapes and a vibrant community. This charming coastal town boasts great schools, a family-friendly environment and breathtaking views of beautiful lush greenery. Embracing sustainability, the town offers a warm welcome to visitors and residents seeking a unique blend of nature and culture. A brief history of the...
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In the news

Crafting a taste of excellence: The Sedgefield Craft Brewery
In the heart of the Garden Route, amid the scenic beauty of South Africa, lies the enchanting town of Sedgefield. Known for its picturesque landscapes and vibrant community, Sedgefield is also home to a hidden gem that has been...
 
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Transfer Costs

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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%
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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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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

28,718.24

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