R4,399,000
R4,399,000
Monthly Bond Repayment R47,672.27
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R7,629
Inviting visionary investors to seize a golden opportunity! R52 000 monthly rental income.
This versatile property, currently thriving as fully occupied student accommodation, is now open for transformation. Imagine it as a charming bed and breakfast or a serene spa retreat—the possibilities are endless.
Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more.
Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition.
Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!
Features
Interior
Exterior
Sizes
Extras
Borehole • Garden • Paving • Pets Allowed • Alarm • Smoking Allowed • Spa Bath • Balcony • Plaster finishes • 1 x outside shower • 3 x JoJo tank • Storeroom
Get Email Alerts
Sign-up and receive Property Email Alerts of Guest Houses for sale in Summerstrand, Port Elizabeth.
Disclaimer: While every effort will be made to ensure that the information contained within the Century 21 Montana/Moot website is accurate and up to date, Century 21 Montana/Moot makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.