A Rare Gem with an excellent ROI - Two Captivating Coastal Homes

R 10,700,000

Can I afford this?
1 month ago105 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):750
Parking:Garage
Description
Unlock a Unique Lifestyle and Income-Generating Haven

SOLE MANDATE

Nestled within the heart of Strand North, where the rhythm of the ocean sets the stage for your new life, a truly exceptional opportunity awaits. Just 220m from the main swimming beach, this enchanting property with two remarkable coastal retreats on an expansive stand of 1427m is a one-of-a-kind haven, offering luxury living and revenue-generating potential.

The main house, a vision of coastal elegance, welcomes you with grandeur. As you step inside, gleaming wooden floors capture your attention, leading towards the heart of the home. High ceilings lend an air of spaciousness, creating a sense of light and freedom that fills every room.
The main living areas open seamlessly, from the dining room to the lounge with a double-sided fireplace ensuring a cozy ambiance in both living and entertainment area (with pool table) on those chilly winter days. Summer days can be enjoyed on the sea-view balcony, where you can savor your morning coffee while dolphins dance on the horizon. Or entertain under the stars, surrounded by the gentle sounds of the waves.
The expansive kitchen, adorned with wooden finishes, is an epicurean's delight, featuring a scullery, pantry, and not one, but two gas stoves. It's a culinary haven with style and functionality harmoniously entwined.
Venture upstairs, where the spacious master bedroom offers a personal haven with its en-suite bathroom... a place to recharge and rejuvenate.

An additional two bedrooms (sharing a bathroom), a versatile music room/office with bathroom and a covered entertainment area complete the picture. Here, a pool glistens in the sun, and a built-in braai ensure relaxation and entertainment.

On the lower level, an open-plan lounge and kitchenette share a serene connection with two bedrooms plus a bathroom, creating an independent unit that is rented out.

The second dwelling, a charming duplex home, is an Airbnb income generator, offering three inviting bedrooms and two exquisite bathrooms. The living area, with tiled floors and high ceilings, exudes charm and warmth, crowned by a comforting fireplace. The kitchen is both efficient and aesthetically pleasing, complete with a gas stove and scullery.
Outside, an enchanting patio awaits, where the built-in braai is ready to sizzle your culinary delights, and the wood-burning hot tub beckons for evenings of sheer indulgence. Here, you can relax in style, embracing the coastal breeze and the endless horizon.

The second dwelling and 2 bedroom unit offers an excellent return on investment with very high occupancy and returning guests.

As an added bonus a voluminous space specifically designed for entertainment awaits you, complete with built-in braai, shelves and seating bench.

The interiors of both homes are masterpieces of style and comfort, where every detail has been carefully curated. Wood and high ceilings blend seamlessly with contemporary touches, creating spaces that...

Has Pool
Property Reference #: CCH311

Agent Details:
Hennie Van Heerden
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130

Id Subtitle 1269972176
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Estimated monthly repaymentR 115,957
Total property loan amountR 10,700,000
Total interestR 17,129,598
Total repaymentR 27,829,598
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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