A DOUBLE PLOT IN MORGAN BAY

R 3,319,900

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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):1810
Description
A FULLY FURNISHED and EQUIPPED HOME on a DOUBLE PLOT in MORGAN BAY - over 1800m2
Nestled in the serene seaside holiday village of Morgan Bay, just under an hour's drive from East London on South Africa's breath-taking Wild Coast, this immaculate, double storey family home offers an unparalleled opportunity.
The property boasts not just one, but TWO ERVEN, providing ample space and potential for various uses.

PROPERTY HIGHLIGHTS:
- Fully Furnished and Equipped House: Spanning over 400 square meters under the roof, the main house is meticulously designed and furnished, offering luxurious comfort and style.
- Clear and Lawned Plot: Adjacent to the main house is a cleared and lawned plot, presenting an ideal canvas for development or as an extension to the existing property.

FEATURES:
- Family Living Spaces: Enjoy multiple living areas, including a family room upstairs and a pyjama lounge downstairs, both furnished and equipped with big screen TVs.
- Open Plan Kitchen: The kitchen features modern amenities, including a gas hob, electric oven, double door fridge, and deep freeze, perfect for culinary enthusiasts.
- Bedrooms: Five well-appointed bedrooms, all fully furnished with built-in cupboards, with the main bedroom featuring an en-suite bathroom.
- Outdoor Living: Delight in the wrap-around balcony offering breath-taking views of nature's sanctuary, ideal for outdoor entertaining.
- Additional Amenities: LED lighting throughout, scullery with dishwasher, laundry with washing machine and tumble dryer, outside storeroom with toilet, alarm system, and a 5000L JoJo tank.
- Convenient Location: Morgan Bay is conveniently located just an hour's drive from East London, with easy access to pristine beaches, a safe swimming lagoon, and a variety of water sports activities
.
ADDITIONAL OPPORTUNITIES:
- Income Generating Potential: Currently utilised as an income-generating holiday home, with figures available upon request.
- Development Potential: With two separate erven, there's potential to develop a second dwelling or expand the existing property to suit your needs.

LOCAL ATTRACTIONS:
Explore the wonders of Morgan Bay and its surroundings, from the mile-long beach to hiking and mountain biking trails, fishing spots, surfing waves, canoeing routes, and more. Nearby Kei Mouth offers additional attractions, including the scenic Kei Mouth Country Club and the popular Morgan Bay Hotel with The Deck Restaurant and Spa.
Whether you're seeking a peaceful seaside retreat, an income-generating investment, or a permanent escape from the hustle and bustle of city life, this property offers endless possibilities in one of South Africa's most coveted coastal destinations. Experience the tranquillity and beauty of Morgan Bay – your slice of paradise awaits.

Rates And Taxes: 1100
Has Garden
Property Reference #: 2226049

Agent Details:
Toni Eglin
Spectrum Realty Tokai
3A Tokai on Main, 2 Burchell Street, 7945

Id Subtitle 1274905021
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Estimated monthly repaymentR 35,978
Total property loan amountR 3,319,900
Total interestR 5,314,818
Total repaymentR 8,634,718
Interest rate at 11.75% for 20 years *
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