7 Bed House in Dana Bay

This house is perfect for among others, the following purposes:

1) As an investment option: With a 10% deposit, the current monthly rental income from the existing two tenants, could cover around 85% of your monthly remaining bond repayment. With annual rental escalations, you could end up not having to pay a sent from your own pocket within 1 to 2 years. Furthermore, property prices have more than doubled over the past 5 years in Dana Bay. You could thus double the value of your investment amount withing the next 5 years.

2) To serve as a permanent coastal residence for a huge family

3) For an extended family: Have the whole family close, yet separately from you- Ouma and Oupa, your kids with their spouses, your grandchild/s, and all the family pets. Combine your joint income and save hugely on monthly expenses.

4) Use the ground or the first floor as your permanent residence, while renting out the other floor.

5) Use the property as your coastal holiday destination, while earning holiday accommodation income during the months which you are not using it.

6) This property is an ideal work-from-home premise, with George Airport only 30min away.

This modern 400m NUTEC house with floors separate from one another, on a 850m stand, could be subdivided into two separate sectional title homes.

The bottom level has 3 bedrooms with 2 bathrooms open plan kitchen to lounge area. Spacious kitchen with gas stove and gas geyser and a single garage with own entrance at the main gate.

The first floor offers an extremely spacious open plan Kitchen, Dining and Lounge, leading onto the deck with the most exquisite sea view. 4 bedrooms each with their own balcony walk-in closets and separate space for suitcases and /or shoes or things you don''t need in closets. 2 bathrooms one with shower toilet and basin, and main bathroom with bath, shower, basin and toilet. Gas stove and gas geyser and double garage with it''s own entrance from main gate.