8 Bedroom Freehold For Sale in Dana Bay
R3,500,000
Monthly Bond Repayment R37,325.04
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL24764
Income-Generating Investment Property in Dana Bay
**Shared Mandate**
Discover a remarkable investment opportunity in the serene coastal village of Dana Bay. This property, available under an exclusive sole mandate, boasts immense income potential, making it an ideal acquisition for savvy investors. Featuring two separate structures with multiple individual living units, this property is perfect for long-term rentals, a guest house, or an Airbnb venture.
Front Structure:
• Bachelor's Flat: Enjoy stunning ocean views from this cosy and efficient living space.
• 1-Bedroom Flat: This unit offers breath taking ocean vistas, perfect for tenants seeking tranquillity and beauty.
• 2-Bedroom Unit: A spacious unit complete with a full bathroom, a well-established kitchen, laundry point, a comfortable living room, and a dining area, all with beautiful views.
Back Structure:
• 3-Bedroom Unit: Featuring two upgraded bathrooms, this spacious unit offers direct access to a garden area that can be beautifully established. Note that a kitchen is yet to be installed.
• Bachelor's Flatlet: This unit comes with its own sliding door entrance, providing privacy and convenience for tenants.
In total, the property offers five living units consisting of eight bedrooms, six bathrooms, and two kitchens. The structures have recently been painted, retiled, and most bathrooms updated, ensuring a fresh and modern appeal for potential tenants.
Parking is ample, with spaces available on either side of the structures and additional on-street parking bays easily created to accommodate all residents and guests.
Seize this opportunity to own a property with massive income potential in the picturesque Dana Bay. Contact us today to arrange a viewing and start your journey towards a lucrative investment.