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R17,995,000

Monthly Bond Repayment R195,013.09
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R10,500

Luxury, Family, Entertainment, Holiday and Views views views

Welcome to a truly exceptional property located in one of the most sought-after locations in upper Fresnaye. This magnificent, rare find offers an immaculate home in a prime location that is sure to impress even the most discerning buyer.

Nestled beneath the majestic slopes of Lion's Head, this house provides the perfect balance between tranquillity and easy access to the vibrant city life.

Situated just above Sea Point, you'll enjoy breathtaking views of the Atlantic Ocean, stretching from Blouberg to Robben Island, as well as stunning mountain vistas.

As you approach the property, you'll be greeted by a palm tree-lined street, evoking a sense of tropical paradise.

The attention to detail and strong design elements are evident throughout, making this home a true work of art.

Step inside, and you'll discover a family lounge, TV lounge, dining room, and a spacious kitchen with a scullery boasting ample cupboard space. The ground floor also features a guest WC, ensuring convenience for both residents and guests.

The living spaces are adorned with sliding glass doors, wrap-around balconies, sliding shutters and windows, allowing for the seamless integration of indoor and outdoor living while capturing the natural light and showcasing the magnificent views.

Upstairs, you'll find four bedrooms, two of which are en-suite, providing comfort and privacy for the entire family. The third separate bathroom adds further convenience.

The property also includes full domestic quarters with a convenient separate entrance if necessary. The quarters have a bathroom and a small cooking area, ensuring that all needs are met.

For those seeking entertainment and relaxation, there is a perfectly sized entertainment deck where you can indulge in alfresco dining while enjoying the glorious sunsets. A crystal-clear swimming pool invites you to cool off and create lasting memories with family and friends.

This outstanding home goes above and beyond with its additional features. There is a separate tree-lined entrance which offers the rare opportunity for a large self-contained cottage or the perfect space to run a business from home. An inverter system is in place to keep the lights on. Additionally, there is a separate man cave/tv room/playroom, providing endless possibilities for customization.

Notable features of this property include a magnificent large wooden spiral staircase, a double lock-up garage, underfloor heating, air conditioning, a large storeroom, and an alarm system with a full CCTV camera setup that can be conveniently linked to your phone.

Words alone cannot fully capture the beauty and elegance of this home. We have only shared a glimpse through a few pictures, video walk through and 3D Mataport where you can do a virtual tour in your own time of this amazing property.

Short term income projections:

Conservative Estimate:
Ave Fresnaye is expected to achieve a minimum occupancy rate of 120 days per year, based on market demand and historical data.
The projected annual net income for Ave Fresnaye, after deducting expenses, is estimated to be over 1.1 million Rand.
This conservative estimate is based on a thorough analysis of the property's rental potential and the market conditions.
Comparative Analysis:
A comparative analysis of similar properties in the area reveals that Ave Fresnaye has a competitive advantage in terms of location, amenities, and overall appeal.

Cost Analysis:
Various costs associated with Ave Fresnaye have been factored into the net income projection.
These costs include property maintenance, utilities, marketing expenses, property management fees, and other operational costs.

If you are an International Buyer we can guide you through the entire process including all associated risks and potential returns.We will handle all aspects of the transaction , including the correct structure for your investment and assurance that if you do eventually want to sell ,the funds and profits will be able to be transferred back to you.

So don't miss out on this wonderful opportunity.

Contact us as soon as possible to schedule a viewing and make this rare find your own slice of paradise.

Features

4
3
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Exterior
Garages
2
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
408m²
Land Size
428m²
 
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Transfer Costs

Natural Persons Legal Persons
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%
TOTAL:
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:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

195,013.09

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