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17 Bedroom Guest House For Sale in Summerstrand

R4,399,000


Monthly Bond Repayment R47,672.27
Calculated over 20 years at 11.75% with no deposit.

Web Ref No MOT-RS00103

Inviting visionary investors to seize a golden opportunity! R52 000 monthly rental income.

This versatile property, currently thriving as fully occupied student accommodation, is now open for transformation. Imagine it as a charming bed and breakfast or a serene spa retreat—the possibilities are endless.

Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more.

Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition.

Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!

Features

Bedrooms 17
Bathrooms 6
Recep. Rooms 2
Floor Size 600m²
Land Size 1,064m²
Carports/Parkings 8
Pets Allowed Yes
Monthly Rates R7,629.00
Extras

Borehole
Garden
Paving
Pets Allowed
Alarm
Smoking Allowed
Spa Bath
Balcony
Plaster finishes
1 x outside shower
3 x JoJo tank
Storeroom

Agent Contact Details

Janine Wessels
Montana

Cell 084 945 8022
Office (012) 543 1926
Frits Beyer
Montana

Cell 083 326 5936
Office (012) 543 1926
Shaun Wessels
Montana

Cell 071 582 2691
Office (012) 543 1926

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