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R4,565,220

11 Scarborough Street

Monthly Bond Repayment R48,684.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,564

Guesthouse in excellent location

Welcome to our exceptional guesthouse situated in an enviable location at the heart of Summerstrand, a vibrant and sought-after neighborhood. Nestled on a popular street, this delightful property offers convenient access to a myriad of attractions. Within walking distance, you'll discover the stunning Pollock Beach, the inviting Hobie Beach, the bustling Summerstrand Village, and an array of other amenities.

Boasting a greatly desired Res 1 zoning with a valid Guesthouse permit, this property also features conference facilities, providing an ideal setting for various events and gatherings. Furthermore, the property is currently utilized as student accommodation due to its close proximity to the esteemed Nelson Mandela Bay University, making it a highly desirable choice for students.


Upon entering the Guesthouse, you'll be greeted by a spacious reception/lounge area that can serve as both a welcoming space and a foyer, creating an inviting atmosphere for guests. The Guesthouse comprises ten generously-sized bedrooms, five bathrooms, and four well-equipped kitchen areas, ensuring ample space and comfort for all occupants.

Additionally, a separate laundry area is available, further enhancing the convenience and functionality of the Guesthouse. With plans underway for rezoning to F3, the future potential of this property is even more promising, offering exciting possibilities for expansion and development.

Discover a truly remarkable Guesthouse experience at our property, where comfort, convenience, and an unbeatable location combine to create an unforgettable stay. Each unit in this property comes with its own pre-paid electricity, allowing for convenient and hassle-free management of utility expenses. The premises also offer secure parking for up to 10 vehicles, with a remote gate and electric fencing ensuring the safety of your vehicles.

For clarity and transparency, the property is registered in a Trust which is VAT registered. The listing price EXCLUDES VAT.

Please note that viewings for this property are available by appointment only. We prioritize the convenience and privacy of our potential buyers, so kindly arrange a viewing time that suits your schedule. Don't miss out on this incredible opportunity to make a smart investment decision!

Features

10
5
Interior
Bedrooms
10
Bathrooms
5
Kitchens
1
Reception Rooms
3
Exterior
Carports / Parkings
10
Sizes
Floor Size
340m²
Land Size
982m²
Extras
Laundry • House Style: Executive • Views: Urban • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Living Area: Formal Lounge • Main Bedroom: Double • Bedroom 2: Double • Bedroom 3: Double • Bedroom 3: Built-in / Wardrobe • Bedroom 4: Double • Bedroom 4: Built-in / Wardrobe • Bedroom 5: Double • Bedroom 6: Double • Bedroom 7: Double • Bedroom 8: Double • Bedroom 9: Double • Bedroom 10: Double • Main Bathroom: Bath • Main Bathroom: Separate Shower • Additional Rooms: Guest Toilet • Window Coverings: Blinds • Garaging / Carparking: Off Street • Land Contour: Flat • Condition: Excellent • Sewerage: Mains

Summerstrand, Port Elizabeth

Gqeberha boasts some of the cleanest and safest city beaches in South Africa. More than 40 kilometers of sun-splashed sand, rims the coast along Algoa Bay.  Hobie, Humewood and the Blue Flag King's Beach, are a few of the beautiful beaches adorning our beautiful area.  The new Boardwalk development is the latest attraction for locals and visitors alike.  It comprises a casino, 140 key 5-Star Boardwalk Hotel,...
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Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

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Vat 15%
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Monthly Payment

48,684.86

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