This versatile property, currently thriving as fully occupied student accommodation, is now open for transformation. Imagine it as a charming bed and breakfast or a serene spa retreat—the possibilities are endless. Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more. Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition. Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!
Purchase Price R 4 399 000
Building Size600 m2
Price Per SQMR 7331 m2
Type of PropertyHouse
Monthly Rates7629
Land Size1064 m2
Pets AllowedYes
Last Updated26 Apr 2024
Kitchen2
Bedrooms17
Bathrooms6
Lounges1
Dining Room1
Carports8
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