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Income Generating Property in Nature Reserve....

R 4,400,000

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Income Generating Property in Nature Reserve....

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General Details

Location:

George, Eden

For Sale By:Agency

Dwelling Type:House

Bedrooms (#):4

Bathrooms (#):3

Size (sqm):1062

Parking:Off street

Description

Offering resort-style living, Ballots Bay's alluring endless nature views and luscious Nature reserve surroundings, makes this underrated suburb a piece of paradise.

This freshly updated home is the perfect investment opportunity, holiday home or retirement retreat. Sold with all furniture and appliances, convenient to continue with already successful short-term letting.

At ground level, accessed via the covered carport, 3 bedrooms with a main shower en-suite, and 2 bedrooms that share a bathroom, as well as an open plan kitchen / lounge leading onto the open balcony for the perfect backdrop against indoor / outdoor entertainment.
The lower level has a 4th bedroom with an en-suite and separate access, or can easily be converted into an office space. Separate laundry room.

Additional features include an inverter, gas stove, fireplace, controlled access to the estate as well as a private bay, chapel and various hiking trails.

Nature Estate:
Rural hideaway yet only within 15 minutes from the city of George. Dramatic surroundings feature steep, rocky topography, indigenous fynbos, spectacular Ocean and mountain views.
70 hectares, 70 homes, majority already developed. Popular due to the close proximity to Schools, Mall, iconic Victoria Bay and George Airport. The trend here is to own multiple properties that can generate an income as holiday or furnished rental. Selection of hiking trails. Intimate Chapel. Private beach cove with rustic open air braai facilities.
24-hour surveillance. Controlled access. No Pets.

The property and estate are best appreciated in person, so call me today to schedule your private viewing

Property Reference #: 1237882

Agent Details:
Melanie Mare
Rawson Properties George
Shop 2, c/o Courtney & Cradock Street, Tommy Joubert Building, George, George Central, Western Cap

Id Subtitle 1263182190

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Estimated monthly repaymentR 47,684

Total property loan amountR 4,400,000

Total interestR 7,043,947

Total repaymentR 11,443,947

Interest rate at 11.75% for 20 years *

* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

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Rawson Properties George

Selling for 3+ years

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