7 Bedroom House for Sale - Investors Dream - Bazley Beach

R 4,870,000

Can I afford this?
1 month ago130 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):3018
Description
Are you recently retired and seeking to bolster your income? Look no further than this ideal abode.

This property boasts two distinct houses and a studio apartment, all commanding breathtaking sea vistas. Each house features private entrances, pools, and fenced areas. With direct beach access, this fully furnished and equipped home offers seamless relocation. Nestled in a tranquil, secure locale, ample parking enhances convenience.

The first house comprises four generous bedrooms, two bathrooms, and a dedicated pool and entertainment zone. A well-appointed kitchen, sunlit lounge, bar, and inviting patio with a barbecue area complement the setup.

Perched above the garage, the second dwelling encompasses two bedrooms, a bathroom, and a contemporary open-plan kitchen/lounge. A balcony invites whale-watching, while a vast garden and a sizable pool with an exhilarating super tube slide cater to all ages.

The studio apartment, positioned between both houses, features one bedroom and a bathroom. A spacious double garage with an adjoining workshop area offers potential for conversion into a third residence with minimal effort.

Currently operating as efficient holiday accommodations, this property enjoys robust occupancy rates and lucrative returns.

Offering myriad possibilities for investors, live in one home while renting out the others, or capitalize on its business potential by leasing all accommodations.

The units are all fully furnished & set up as holiday rentals, with everything you need to carry on earning an income.

OR enjoy the convenience of being able to move into a fully set up beach home, without having to think about bringing anything else except your clothes!

Bear in mind the expenses of furnishing & setting up homes, then realise you would not need to spend a single cent more than the purchase price, as everything is already done & included!

Investment & income opportunity:
Existing holiday rental units

Retirement opportunity for those not wanting to stop working:
Choose a unit to live in & rent the rest out....

Syndicate Opportunity:
For the bigger families or groups of friends who want to be on one property together, but still have private & separate units.

Rates And Taxes: 1200
Property Reference #: 14735

Agent Details:
Sfiso Mavundla
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg

Id Subtitle 1265967295
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Estimated monthly repaymentR 52,777
Total property loan amountR 4,870,000
Total interestR 7,796,369
Total repaymentR 12,666,369
Interest rate at 11.75% for 20 years *
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Okandivi Properties
Selling for 7+ years
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