R1,595,000

GREAT INVESTMENT OPPORTUNITY – 2 HOMES ON ONE PROPERTY TOTALLING 7 BEDROOMS - PRIME LOCATION Nestled in sought- after suburb of Stanger Manor - this delightful family home is conveniently located close to shopping centres, schools and places of worship with easy access to the highway and central town - an ideal investment to accommodate an extended family or a lucrative income generating opportunity. PROPERTY PROFILE: MAIN BUILDING – 143 m2. - 3 bedroom house – 4 bathrooms DOUBLE STOREY OUTBUILDING – 140 m2. 2 x 2 bedroom flatlet Together they have 7 bedrooms and 6 bathrooms. On entering , you are surrounded by an established garden and well maintained tarred driveway. A 3 vehicle carport is at the front and additional onsite parking for 5 to 6 vehicles. All round boundary fence provides the desired security and includes CCTV camera installation. A 7 x 4 metres swimming pool is situated in the top corner - emptied out recently since not in use. Pool needs fibreglass re-lining. HOME 1 – MAIN BUILDING – 143 m2 – 3 bedrooms, 4 bathrooms - A large lounge with sliding doors leading onto covered verandah/patio . Stunning view of the Indian Ocean in the distance - Fully fitted kitchen and an adjacent dining room. - Undercover outside scullery includes a basin, wash trough and wash sink . - 3 bedrooms, all with built- in cupboards, air conditioners and ceiling fans. Two rooms lead into their own balcony via aluminium sliding doors. - The master bedroom features an en-suite. - 2 additional bathrooms and an outside guest bathroom. - A 4500 litres Jojo water tank havesting rain water. - 3 single phase electricity installation with 2 prepaid meters HOME 2 – DOUBLE STOREY OUTBUILDING – 140 sq metres – 2 x 2 bedroom units - Ideal for the extended family or a great potential for rental income. - Each floor has separate bath and toilet. Covered balcony / patio with view of ocean and suburb - 2 prepaid electricity meters. - 2 dedicated water meters. - OUTBUILDING RENTAL INCOME POTENTIAL: Combined rental income of R9 000 per month or R108 000 per annum, enhancing the overall financial viability of the property and contributing to the bond repayment. UPSTAIRS: 2 bedroom unit – Potential rental income of R5 000 pm - Maintenance free face brick exterior walls - Spacious built-in cupboards in both bedrooms DOWNSTAIRS: 2 bedroom unit - dry wall partitioning – Potential rental income of R4 000 pm FEATURES Swimming pool shell – needs relining, 3 vehicle car port, Boundary walls / fence, DSTV and Fibre internet ready Driveway gate, 2 x dedicated water meters CCTV Cameras, 3 phase electricity supply Gated enclosure for outdoor pets, 2 x prepaid electricity meters 4500 Jojo water tank, Prayer room Garden tool shed, Vegetable garden THIS IS A RARE, MUST SEE PROPERTY WITH SO MUCH TO OFFER AND BOUNDLESS POTENTIAL!!!