R 14 850 000
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4 Bed House in De Waterkant

4 4.5 410 m²

Investment Opportunity - 3 flats in 1 Freehold

Prime Freehold Investment Opportunity in De Waterkant

Discover this exceptional freehold investment property in De Waterkant, featuring three premium apartments of unmatched quality. Nestled in the charming and historic De Waterkant neighbourhood, known for its picturesque tree-lined streets and unique character homes, this area offers a village-like ambiance with a European flair. Boasting proximity to top-tier cafes, restaurants, and bars catering to a discerning clientele, this investment promises a lucrative income stream and excellent return on investment.

This freehold consists of three units, including two elegant 1-bedroom apartments on the first floor and a luxurious 2-bedroom apartment on the ground floor. Each first-floor apartment showcases a entrance hall leading to a stylish built-in kitchen with gas stove, ample storage, and a cozy breakfast nook. The spacious bedroom features shutters and built-in cupboards. A separate shower room is complete with quality sanitaryware and a single vanity unit with storage. Enjoy breathtaking harbour and City views from the lounge and open-plan dining areas with stacking doors which open onto a covered balcony with a built-in braai facility. The apartments are meticulously finished with features like a fireplace, sash windows, American shutters, and integrated lighting.

The expansive ground floor garden apartment boasts a separate entrance leading to a grand entrance hall with high ceilings and exposed brick walls. This apartment comprises two ensuite bedrooms, including a master bedroom with a shower and bath, as well as, a separate dressing room with access to a private courtyard. Additionally, there is a guest WC for convenience.

The open-plan living, dining, and kitchen areas feature a stylish island, industrial countertops, a gas stove, scullery and pantry. Flowing seamlessly to a deck and garden area, the living space is enhanced by stack back security doors and American shutters for year-round comfort. The garden presents an opportunity to enhance value with the addition of a pool if desired.

Included with are four generous off-street parking bays and a secure external storage room, ensuring convenience and practicality.

Don''t miss this exclusive investment opportunity presented by Kapstadt International Properties.

Property details

  • Listing number T4655349
  • Property type House
  • Listing date 30 May 2024
  • Land size 410 m²
  • Rates and taxes R 7 699

Property features

  • Bedrooms 4
  • Bathrooms 4.5
  • Lounges 3
  • Dining areas 3
  • Flatlets
  • Pet friendly
  • Access gate
  • Alarm
  • Patio
  • Security post
  • Study

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