5 Bed House in Hout Bay and surrounds

This well-loved family home has not been on the market for 40 years. It is a solid home with great potential for both living in and also investment. The property includes both a 3-bedroom main house and a 2-bedroom cottage with a separate entrance. In addition there is a vacant stand of 765sqm. This setup offers flexibility for personal occupation as well as rental income.

There are 3 x main components as follows:

Main House:

The main house is large and solidly built, however it does require modernisation. The main house offers a main bedroom en-suite, two additional bedrooms, a family bathroom, a spacious lounge and separate dining area. There is a neat family kitchen, with a small adjacent guest suite or domestic helper''s accommodation (includes a compact bedroom, bathroom and small living room). There is also a separate laundry/store room.

Cottage:

The separate cottage above the main house features two bedrooms, a full bathroom, a kitchen, an open-plan lounge/kitchen with lovely views, and 2 x secure off-street parking bays. There is a spiral staircase which provides easy access between the cottage and the main house, if so required. The current cottage lease agreement provides a monthly income of over R13,000 until the end of September 2024. This can be a significant source of revenue for the property owner.

Land:

The lush and well-established garden paradise with fruit-bearing trees and shrubs creates a peaceful environment for nature enthusiasts. The garden also includes a separate vacant stand of 765sqm that can be subdivided and sold separately, offering additional investment opportunities. The subdivision plans have already been prepared but not yet formalised so this will be a very easy process.

The property is located in the beautiful area of Nooitgedacht, with convenient access to shops, restaurants, and beaches like Hout Bay and Llandudno. The proximity to amenities adds to the property''s appeal.

Overall, this property combines comfortable living spaces with income-generating potential and the allure of a beautiful garden setting. It may be an attractive option for buyers looking for a versatile property with various possibilities for use and investment, possibly even redevelopment as the total land area is 3,272sqm.

There is ample secure parking in the driveway as well as a double carport.

Please contact Helen today to arrange your personal viewing.