4 Bed House in Bakoven

Immerse yourself in the epitome of coastal living with this extraordinary property, nestled beneath the majestic 12 Apostles and boasting unparalleled views of the Atlantic Ocean. Priced at R21,740,000 (excluding VAT) and exempt from Transfer Duty, this versatile gem currently comprises two distinct apartments but holds the potential to seamlessly transform into an expansive family home by the addition of a simple door.

Occupying the second and third levels of a three-story building, the property comprises a one-bedroom penthouse on the top floor and a three-bedroom luxury family apartment on the second floor. The penthouse, generating between R4,500 (winter) and R9,500 (summer) per night, complements the family apartment, which earns between R6,250 (winter) and R13,500 (summer) per night. With an annual earning potential ranging from R2 million to R5 million, this property consistently achieves high occupancy rates, reaching 100% in peak summer and maintaining an average of 80% throughout the year.

The family apartment boasts an open-plan design, seamlessly connecting the kitchen, dining room, and living roomall offering breathtaking ocean views. Featuring three spacious bedrooms with ensuite bathrooms and a balcony, each bedroom provides a luxurious spa-like retreat with built-in wardrobes and underfloor heating. The modern kitchen, complete with an island and built-in gas hob, enhances the entertaining experience.

The penthouse offers an open-plan kitchen and living area, a master bedroom with ensuite bathroom, a private Jacuzzi, and a gas braai on the expansive terraceall showcasing panoramic ocean and mountain views. The entire apartment is designed for comfort, featuring underfloor heating, built-in wardrobes, and a spa-like ensuite bathroom.

Both apartments ensure year-round comfort with full air conditioning and heating. Additional conveniences include two lock-up garages on the ground floor with motorized doors.

Situated for beach enthusiasts and sunset admirers, the property''s North-West orientation maximizes sunshine and provides nightly displays of the sun sinking into the ocean. Operating as a thriving guesthouse with nearly 100% occupancy during high season, this stunning residence seamlessly blends family warmth with penthouse luxury.