Monthly Bond Repayment R45,856.47
Calculated over 20 years at 11.5% with no deposit.
Web Ref No 13102
Dual Living in Lovely Rexford
This log home is situated in the quiet and safe suburb of Rexford, close to the Knysna Golf course and the beach at Leisure Isle.
The property comprises 2 separate dwellings: the main house has 4 bedrooms with 2 bathrooms and a bachelor unit downstairs; the cottage next door offers a very spacious open-plan living area with 2 bedrooms and 1 bathroom. Both homes are rented out long term with a combined rental income of R31 500/m.
The driveway to the main house leads to an undercover parking bay in front of the double garage and the bachelor flat. A beautifully planted walkway takes one to the front of the house and upstairs onto the wrap-around deck with lovely views of the lagoon. The living area is open plan to the kitchen with built-in gas top and electric oven. Glass doors open out onto the generous undercover deck. 2 bedrooms share a bathroom with a bath. Upstairs are another 2 bedrooms sharing a bathroom with a shower. The upstairs west-facing bedroom is en-suite and has its own undercover balcony with wonderful lagoon views! The garden offers plenty of space for children and pets.
The cottage is fully fenced with its own private auto-gate and undercover parking next to the house. Both the open-plan living area and the bedroom are very spacious with double volume ceilings. At the back is another room with sliding glass doors leading out to the garden; this could be an extra bedroom or extra lounge.
This property is perfect for the investor buyer. It is located in a safe and sought-after suburb, and the present rental income is especially favourable. Give me a call; a viewing with you would be a pleasure!