R 19 999 000 | 12 bed property for sale in camps bay

Income producing house in the heart of Bakoven, Camps Bay, Atlantic Seaboard. The main house has four-bedrooms, ideal for a family, with eight studio apartments around the property to generate monthly revenue through Airbnb or long-term rentals. A profitable hospitality option with 8 income producing studio flatlets each with ensuite bathrooms. Long or short term airbnb letting of these 8 apartments is highly lucrative in Camps Bay. The main house consists of 4 bedrooms and 2 reception areas, Lounge, Tv room and a large entertainment area which then leads out onto the balau timber deck and swimming pool. The deck offers a wide variety of uses and is the feature of the house with views of the ocean and the 12 Apostle mountains it makes it an ideal entertainment platform. The house does require some cosmetic TLC but it has the right design to allow for a family to occupy the main house whilst still ensuring the income producing option as the studios have their own entrance. The income producing studios have had huge success and are tastefully renovated. Plenty of parking with 2 garages and allowing 6 cars to park tandem. The design of the home makes it safe and secure. Walking distance to the beach, The Continental Grocery store, Simmons sports field, parks and shops, it's in an ideal location. Income producing property. House needs TLC. 2 garages 6 cars Close to Shops. Close to Beach.