7-bedroom, 4-bathroom Investment opportunity in St Michaels |
Welcome to your dream investment opportunity in the picturesque St Michaels on Sea! This magnificent 7-bedroom, 4-bathroom residence is not just a house; it's a strategic investment that promises both luxury living and substantial returns.
The focal point of this property is the impressive double-storey main house. Step inside, and you'll discover a thoughtfully designed layout. Two generously sized bedrooms and a bathroom are nestled on the ground floor, providing convenience and accessibility. Ascend to the upper level, where an additional two bedrooms and another bathroom await, offering a touch of elegance and stunning panoramic sea views from the private balcony.
What makes this property truly exceptional is its income-generating potential. The ground floor and top floor of the main house are independently tenanted, ensuring a consistent stream of revenue. This intelligent design not only maximizes returns but also allows for flexibility in leasing options.
But the allure doesn't end there. Behind the main house stands a spacious double garage, accompanied by a charming 2-bedroom flat boasting breathtaking sea views. This additional dwelling unit adds not only extra living space but also an extra layer of investment potential.
As if that wasn't enough, the lower level of the property features a separate 1-bedroom flat with its own bathroom, completing the trio of rental opportunities. Currently, this property is a landlord's dream, with three separate tenants already in place, providing immediate income.
St Michaels on Sea is renowned for its scenic beauty and tranquil ambiance, making it an attractive destination for both residents and visitors alike. Whether you're seeking a comfortable family home or a shrewd investment opportunity, this property ticks all the boxes. Don't miss your chance to own a slice of coastal paradise with a built-in income strategy. Act now and make this investment dream a reality!
ERF Size 1,007 m² Rates R1,500 per month
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Gordon Williams
c. 0849472513
gordon.williams@rawson.co.za
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