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Muizenberg, Muizenberg, Cape Town, Western Cape
R 4 299 000
One address, two incredible opportunities with uninterrupted views of False Bay. Zoning GR5, primary purpose: High-density, multi-storey residential buildings (flats). This neat and bright four-bedroom home with amazing sea views has two amazing opportunities. Opportunity one Enjoy the first floor with two bedrooms, two bathrooms and a garage. The living area has high ceilings and stunning views over false bay. There is also a small courtyard with an outdoor shower. At the same time, you can rent out the ground floor which has two bedrooms and one bathroom. There is a separate entrance from Recreation Road with off street parking for 3 cars. Opportunity 2 Convert the property back into a four-bedroom family home with dual access. Situated less than 100m from the beach and the Vlei with a short walk to the popular surfer’s corner. Presently set up as two separate apartments, each with their own prepaid meter. Live in one and generate an income from the other or make an income from both. Enjoy the spectacular sunrises and sunsets, restaurants, pubs and cafés on your doorstep as well as the wonderful eclectic vibe that is Muizenberg. This stunning property is suitable for holiday lets or beach-style living. worth a viewing! View by appointment.
Estimated monthly repayment
R 40 597
on a R 3 869 100 bond over 20 years at 11.25%
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Muizenberg, Muizenberg, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
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