POSITION , POSITION, AN EXCELLENT INVESTMENT OPPORTUNITY.

R 3,500,000

Can I afford this?
1 year ago356 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):922
Parking:Garage
Description
A “golden oldie” situated a mere few steps from the “Blue Flag Beach” on West Beach Drive.

A pathway leads onto the beach over the sand dunes. This 922m² house is situated on an erf size of 1715m². The house consists of three large flats which are being rented out. Flat 1 has a 3 bedrooms, Flat 2 has 2 bedrooms and Flat 3 has 2 bedrooms. All flats have kitchens, lounges and bathrooms.
There are 2 x double , 2 x double garages, 1 large garage which is suitable for a caravan/boat as well as a storeroom. The property is fully enclosed by a palisade fence with entry through 2 manual gates. Two built braai areas are in the front of the garden. Rain water tanks of 2,400 lts and 2 x 5000 lts septic tank and grey water tank.

Beautiful pristine beaches, the beautiful Kowie River and a variety of sports clubs are available for everyone to enjoy.
An opportunity not to be missed!

Property Reference #: 5508780

Agent Details:
Heather Tyson
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170

Id Subtitle 1197197892
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
Interest rate at 11.75% for 20 years *
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Lew Geffen Sothebys International Realty
Selling for 3+ years
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