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R 3 700 000 Bond Calculator | 3 Bedroom House for Sale in Steynsrust

Somerset West, Steynsrust

3 2
Erf Size: 1 261 m²

3 Dwelling Property in Prime Area

Calling all investors. Looking for cash buyers with a motivated seller.

This fascinating property in a prime location in the Lynn's View part of Steynsrust presents an exciting opportunity, with the potential to go in any number of directions.

Together with the property next door, #3 Runkel, this property has been run successfully for many years as an income-generating business for the same owner. In fact, the boundary between these two properties has been removed and will need to be re-instated.

The property consists of 3 dwellings, currently tenanted with long term tenants (leases all currently terminating June 30th).

All three dwellings together form an area of about 395 sqm.

Dwelling 3A (+-180 sqm) - The original home consists of 3 bedrooms (one of which is a more recent addition), 2 large bathrooms, open plan living and dining area with a large kitchen and scullery.

Dwelling 3B (+-55sqm) - The Granny Flat has a one bedroom, one bathroom, kitchen and living room and was created out of what was the double garage.

Dwelling 3C (+-160sqm) - The 2nd dwelling has an open plan living and dining room, 3 bedrooms, 2 bathrooms (one en suite) and large kitchen). This unit also opens onto a private vine-covered verandah area.

The 3 dwellings are configured in such a way as to maximize the privacy of each unit. They all share a common garden and pool area.

A few things to note for prospective buyers:
- A number of additions have been added at different times to what was the original property. None of these are on plan and no plans for the original property are currently available.
- The boundary between #3 Palmyra and #3 Runkel will have to be restored by agreement between the current and the new owners.
- Electrical supply to the pool will have to be rerouted as it is currently supplied from #3 Runkel.

Fortune favours the curious. Be the first to take advantage of all that this property has to offer.


Property Overview

Listing Number
115963221
Type of Property
House
List Date
13 May 2025
Erf Size
1 261 m²
Zoning
General Residential

Rooms

Bedroom
3
Bedroom
Main bedroom with built-in cupboards, built-in cupboards and slate flooring
Bedroom
Bedroom 2 with built-in cupboards and slate flooring
Bedroom
Bedroom 3 with slate flooring
Bathrooms
2
Kitchen
1
Kitchen
Kitchen with melamine finishes, extractor fan, hob and under counter oven
Dining Room
1
Dining Room
Open plan dining room with tiled floors
Other
2
Other
Open plan living room with fireplace and tiled floors
Other
Scullery with melamine finishes and dish-wash machine connection

External Features

Garden
1
Garden
Garden with pet friendly

Other Features

Special Features
3
Special Features
Asbestos roof
Special Features
Plastered walls
Special Features
Wall boundary
Flatlet
Yes


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