8 Bed House in East Bank
R 1 995 000
Excellent Investment Opportunity. Located on Port Alfred''s East Bank, within close proximity to all amenities, this low-maintenance, income-generating property is an investment opportunity not to be missed!
Ideal for permanent residential, or leisure purposes, it presents split living in the form of three individual units, each complete with their own private access.
The main house consists of a large lounge, dining, and entertainment area which leads out onto a balcony with ocean views. A large farm-style kitchen is fully equipped with a glass hob, an under-counter oven, and a serving hatch with breakfast bar facilities.
There are three bedrooms, m.e.s, which are all fitted with built-in cupboards and ceiling fans. The two guest bedrooms enjoy shared access to a full bathroom.
Unit #2 presents three bedrooms, one bathroom, and an open-plan living area.
Unit #3 offers two bedrooms, one bathroom and open-plan living.
Valuable features include a large garden out the back and front of the property, a large double garage, an extra-length carport, a storeroom, a braai area, and sufficient rainwater storage. For added convenience, the property is fully enclosed and complete with a full alarm system, trellidoors, and a security gate.
For investment purposes, should the entire property be leased out in sections, the rental income would amount to approximately R17,000.00 per month. The rental of the second and third units currently brings in an income of R10,000.00 per month.
A great opportunity for discerning home-buyers or investors. Call to view, today!