R1,800,000
Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit.
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Golden Oldie in Strand Central
This property in central Strand presents a unique opportunity for renovators and investors alike. With its historic charm and potential for transformation, it offers multiple options for customization. Whether you envision it as one large family home or as three separate units, this property has the potential to fulfill your dreams.
Key Features:
Renovation Opportunity: This old but charming property is in need of tender loving care (TLC). Renovators will find a blank canvas to bring their creative vision to life.
Versatile Configuration: The property can be configured as one large house or divided into three separate units. This flexibility allows for various occupancy options, catering to your specific needs.
Rental Income Potential: Currently, all three units are tenanted, making it a viable income-generating property. Investors can benefit from a steady monthly rental income stream.
Ideal for Airbnb: The property's proximity to the beach and central business area makes it an attractive option for Airbnb hosting. Short-term rentals could yield substantial returns.
Historic Character: The original wood floors and door frames add character and warmth to this old-school home. Preserving these features can enhance the property's charm and value.
Enclosed Verandah: Each unit features an enclosed verandah, providing additional living space and a cozy atmosphere.
Small Enclosed Courtyard: A small enclosed courtyard adds outdoor space and privacy to each unit, creating a comfortable living environment.
Unit Features (Each of the Three Units):
Lounge: Spacious living areas provide room for relaxation and entertainment.
Kitchen: Functional kitchens are equipped for everyday cooking needs.
2 Bedrooms: Each unit offers two bedrooms, providing comfortable sleeping quarters.
1 Bathroom: A shared bathroom serves the residents of each unit.
Small Back Garden: The small back garden offers a private outdoor area for each unit's occupants.
In summary, this property in central Strand represents an exciting opportunity for renovators and investors. Whether you're looking to create your dream home, generate rental income, or explore Airbnb hosting, this versatile property offers numerous possibilities. Its historic charm, original features, and central location make it a unique find in the real estate market.
Features
Interior
Sizes
Extras
Laundry • House Style: Cape Dutch • Locality: Close To Beach • Locality: Close To Shops • Locality: Close To Transport • Kitchen: Original • Kitchen: Double Sink • Kitchen: Finish • Kitchen Finish: Melamine • Main Bedroom: Double • Bedroom 2: Double • Window Coverings: Drapes • Insulation: Ceiling • Heating / Cooling: Electric • Outdoor Living: Verandah • Outdoor Living: Washing Line • Land Contour: Flat • Condition: Fair • Condition: Renovator • Water Supply: Town Supply • Sewerage: MainsStrand Central, Strand
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