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R4,400,000

Monthly Bond Repayment R46,167.26
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Prime Renovation Opportunity in the Poortjies - Plettenberg Bay

Tri - Mandate

Nestled in the highly sought-after Poortjies area, this property offers an exceptional opportunity for renovation and customization, ideally positioned just a few steps to the tranquil Poortjie Lagoon, a mere street away from the beachfront. While the current property does not offer direct ocean views, the potential for a double-storey extension opens the possibility for stunning lagoon vistas. Whether you're looking for a family home or a space with a professional edge, this versatile property can be transformed to suit your needs.

Key Features:
Prime Location: Situated in Poortjies, one of the most desirable areas in the region, where the beauty of the lagoon and coastal lifestyle are right at your doorstep. Imagine casting a line from your rooftop into the lagoon or taking leisurely strolls along the beach – it’s a lifestyle few can dream of.

Spacious 743m² Stand: The generously sized plot is level and offers abundant space for further development, whether it's an expanded family home or outdoor entertainment areas.

Existing Dwelling: The current single-storey home is built from clinker brick with an asbestos roof, offering three bedrooms, two bathrooms, a spacious lounge/dining area, a kitchen, and a scullery. Though it requires some "artist strokes" there is no doubt that this solid structure provides a reliable foundation for improvements. There is seperate unit that can be ideal for a variety of ideas.

Separate Consulting Unit: The property includes a separate structure, ideal for use as a medical practitioner’s office, home office, or additional rental income. This unit comprises a reception area, consulting room, examination room with washbasin, a bedroom, and an external storeroom – offering plenty of potential for professional or private use, and a bathroom can easily be added on via the attached storeroom.

Outdoor Amenities: The home boasts a covered entertainment area, perfect for outdoor gatherings or relaxation, as well as a single covered carport with a lock-up door. The established garden, featuring an efficient irrigation system and a Jojo water tank, provides a well-maintained outdoor space that’s easy to care for.

Renovation Potential: While the property does require some TLC, it offers tremendous potential to be transformed into your dream home or business hub. Some areas needing attention, the position here is key.

The Opportunity:
This property is an ideal choice for those seeking a family home with the added benefit of a consulting space or home office, offering flexibility in its use. With a little investment in repairs and improvements, you’ll unlock the true potential of this spacious home, maximizing both its AAA position and existing functional spaces. The kitchen and scullery are big and could easily be converted to a modern open plan.

Whether you’re dreaming of a coastal family retreat with the ability to work from home or are looking for an income-generating property in a prime location, this home offers the perfect canvas.
With a position like this, it wont be available for long.
Whatever you can imagine, this project is an absolute 2025 opportunity.

VIEWINGS can be booked to view from Saturday the 4th of JANUARY 2025

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Flatlet
1
Sizes
Land Size
743m²
Extras
Bachelor Studio • Coastal Beach • Fireplace • Freestanding • Patio

On Show

15:00 to 17:00
Thursday, 09 January 2025
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Directions

15 Charles Street, Poortjies, Plettenberg Bay

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Poortjies, Plettenberg Bay

Plettenberg Bay is one of South Africa's favourite outdoor playgrounds along the Garden Route and a preferred holiday destination. Whether it's lazy days on sun drenched beaches, boutique shopping, indulgent wine tasting, fine dining under the stars, phenomenal wildlife experiences or outdoor adventures, you'll find it here in Plett. Plettenberg bay is a perfect blend of coastline, forest, rivers and farmland...
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Market value

R4,400,000

Offers from

R400,000

Offers for this listing must be made in R50,000 increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

46,167.26

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