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Glencairn Heights, Glencairn Heights, Simons Town, Western Cape
R 3 400 000
SOLE MANDATE Investor opportunity - secure this property at a favourable price today and enjoy long-term capital appreciation. Sold with a usufruct [*] in place. This renovator property is perfectly situated within an easy stroll to Glencairn Beach and the local convenient shops. The property offers 2 bedrooms and 2 bathrooms, the living room is spacious with big windows and some sea views, open plan to the kitchen. The property has a lock-up garage with direct access. The property has fabulous potential and ready for a make-over. [*] Usufruct definition: "A usufruct is a legal right that allows a person the use of a property for the rest of their life. The new owner holds the title to the property, the usufruct holder (aged 84) may live in the property until their death"
Estimated monthly repayment
R 32 107
on a R 3 060 000 bond over 20 years at 11.25%
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Glencairn Heights, Glencairn Heights, Simons Town, Western Cape
Listed by
Annika Molefe
Unclaimed listing — claim it to verify
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