4 Bedroom Freehold For Sale in Panorama
R4,200,000
18 Wethmar Street
Monthly Bond Repayment R44,790.04
Calculated over 20 years at 11.5% with no deposit.
Web Ref No SIR109903
4 Bedroom (+2 One Bedroom Flatlets) House for sale in Panorama, Malmesbury
Truly remarkable property, offering a blend of spacious family living and investment potential.
The main house consist of four bedrooms, ample living space and outdoor amenities, like a pool and pegola area perfect for accomodating a large family. The private en-suite for the primary bedroom adds a luxurious touch and the accessibility to the garden is a pleasant feature.
The inclusion of two well maintained flatlets is a fantastic bonus, offering potential rental income. With a combined monthly rental income of R12 000,00 and a potential total property rental income of R30 000,00, this presents a compelling investment opportunity. The detailed breakdown of rental income and net rental yield adds transparency for potential investors.
The property's entertainment features such as a lovely openplan airconditioned kitchen (marble counter top, a commercial gas stove with electric oven), bar area, built-in braai and spacious dining area enhance its appeal for hosting gatherings and social events. These features could also be attractive to tenants, potentially increasing rental demand.
Amenities like the scullery, laundry room and storage room/pantry add practicality to the house, catering to the needs of a large family. Covered parking for three vehicles, along with ample open parking provides convenience and security.
Situated in the sophisticated suburb of Panorama in Malmesbury, the property benefits from a desirable location that may appeal to both residents and tenants.
Overall, this property offers a compelling combination of spacious living, income potential and strategic location, making it an ideal investment opportunity for both families and investors alike.