R1,650,000
Monthly Bond Repayment R17,596.09
Calculated over 20 years at 11.5% with no deposit.
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R1,626.7
Income Generating Property in Port Alfred
An exceptional investment opportunity awaits on the West Bank of Port Alfred. This extraordinary property features ten bedrooms, each with its own en-suite bathroom, offering comfort and convenience.
The main house presents a thoughtfully designed layout with four separate bedrooms and four bathrooms, providing ample space for a comfortable living experience. An open plan lounge and kitchen along with an entertainment area, creates an inviting atmosphere for residents and guests alike.
Adding to the property's allure is a second building housing an additional three bedrooms, each with its own en-suite bathroom, a kitchenette, lounge and dining area, further expanding its potential for rental income or accommodation options.
Additionally, a third separate building boasts three more en-suite bedrooms, adding to the property's versatility and investment appeal. Embracing the beauty of its surroundings, the property boasts a picturesque outdoor entertainment area nestled within a lush, green garden. ality meets sustainability with the presence of numerous rainwater tanks and a solar geyser, reducing the property's environmental impact and offering cost-saving benefits.
Ensuring utmost security and privacy, each room is equipped with individual security locks, providing peace of mind for residents and guests.
Strategically located in close proximity to Stenden University, and within walking distance to the beach and river, the property offers an ideal location for potential tenants or guests seeking convenience and access to various amenities and attractions. Moreover, the town center is just a short 10-minute drive away, further enhancing its appeal and accessibility. This one-of-a-kind property presents an exceptional opportunity for investors looking to acquire a versatile, amenity-rich asset with great potential for rental income and long-term value appreciation. Make that call now!
Features
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Built In Braai • Alarm System • House Style: Contemporary • Views: Bush • Views: Private • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Main Bedroom: Double • Ensuite: Separate Shower • Bedroom 2: Double • Bedroom 3: Double • Bedroom 4: Double • Bedroom 5: Double • Bedroom 6: Double • Bedroom 7: Double • Main Bathroom: Separate Shower • Additionals: Electrical Satellite Dish • Outdoor Living: Garden • Outdoor Living: Washing Line • Land Contour: Flat • Window/door Frames: Timber • Window/door Frames: Aluminium • Water Supply: Town Supply • Water Supply: Tank • Water Supply Tank: Size • Sewerage: Mains • Sewerage: OtherWest Bank, Port Alfred
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