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Investment opportunity - Bayview sought after area

R 6,100,000

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1 month ago56 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):900
Parking:Garage
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Description
### Prime Investment Opportunity in Bayview

Discover the charm of this rare find in a prime Bayview location, just 1.5 kilometers from the vibrant Hartenbos beachfront. Enjoy the convenience of nearby shops and a variety of holiday activities, while still relishing the tranquility of a beachfront lifestyle.

Situated only 150 meters from the pristine, Blue Flag beaches, this 5-bedroom property presents an ideal fixer-upper opportunity. With its low maintenance requirements, it offers the perfect canvas to create a dream home or a lucrative investment property.

The lower part of the house is already set up as an income-generating space, complete with a second kitchenette and laundry facilities. It boasts direct access to the beach, making it highly desirable for vacation rentals or long-term tenants.

This property sits on a spacious, pet-friendly stand, providing ample room for outdoor activities and future enhancements. Don't miss the chance to transform this gem into a remarkable investment.

Act now and call today! I am ready to open the door to your new future in this exceptional coastal haven.

# Parking: 1
Rates And Taxes: 3284
Has Garden
Property Reference #: 2194580

Agent Details:
Elsa Crause
Property Monopoly
23 Vegkop Road, Hartenbos, Mossel Bay

Id Subtitle 1324086073
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Estimated monthly repaymentR 66,107
Total property loan amountR 6,100,000
Total interestR 9,765,472
Total repaymentR 15,865,472
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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