What an investment??? Reduced price.!!!

R 2,945,000

Can I afford this?
10 months ago376 views
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For Sale By:Agency
Description
Listing updated 26/03/2024
Greetings and welcome to my listing. I am Dolla, a dedicated real estate agent specializing in the vibrant South Coast market. Thank you for choosing to explore one of my featured properties. It would be my utmost pleasure to guide you in discovering your ideal home. I am committed to going the extra mile, sharing moments of levity, and fostering a potential lasting connection. Please feel free to inquire about any queries; I am readily available to assist you in securing the perfect home for you and your family.
BUY ME NOW....

Welcome to this remarkable property that presents a lucrative opportunity for holiday rentals. Prepare to be impressed by its offerings, which include a spacious 4-bedroom house and three additional flats, accompanied by five lockup garages.

As you step into the house through the convenient double lockup garages, you'll be greeted by a bright and airy lounge dining area. This inviting space boasts sliding doors that lead out onto a generously sized patio, complete with a built-in braai (barbecue) and a captivating view of the ocean.

The fully fitted kitchen is a chef's dream, featuring a glass top stove and oven, fridge, and dishwasher. Its sleek design includes granite countertops and ample built-in cupboards, providing both functionality and style.

The main bedroom is a haven of comfort, offering a double bed, an en-suite bathroom, and plenty of storage space in the form of built-in cupboards. Sliding doors allow for easy access to the patio, where you can enjoy the refreshing sea breeze.

The three additional bedrooms are thoughtfully furnished with a combination of double and single beds, complemented by built-in cupboards. These rooms feature lovely windows that offer breathtaking sea views. Two more bathrooms efficiently cater to the needs of these bedrooms.

The downstairs two-bedroom flat boasts a spacious lounge and an open plan kitchen, along with a full bathroom. Sliding doors open onto a patio equipped with a built-in braai, providing an ideal space for outdoor relaxation. The flat further extends into a well-maintained garden, complete with a lockup garage and remote-controlled gates.

Another highlight of this property is the one-bedroom, one-bathroom flat, which encompasses a comfortable lounge, a kitchen, and sliding doors that open onto a patio overlooking the mesmerizing ocean.

Lastly, the bachelor flat stands as a sizable living area with a kitchen, bathroom, patio, and a beautifully landscaped garden, adding to the charm and versatility of the property.

Additional features of this impressive investment property include 3-phase power, an outdoor storage room, a laundry area with washing machines, and a courtyard.

Don't let this exceptional investment opportunity slip away. Schedule a viewing today by calling the provided contact number.

Property Reference #: RL1164

Agent Details:
Dolla Oberholzer
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal

Id Subtitle 1213996323
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Estimated monthly repaymentR 31,916
Total property loan amountR 2,945,000
Total interestR 4,714,642
Total repaymentR 7,659,642
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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Real and Proper T
Selling for 3+ years
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