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R7,950,000

4 bedroom house for sale in Island View

4 Beds
4 Baths
2 Garages
440m²
804m²
Furnished
Pets Allowed
Income Generator - Unique 2-in-1 Investment

Calling all investors!

Discover the ultimate investment opportunity, boasting three separate rental incomes providing a diverse and robust cash flow stream. Each unit offers private and comfortable living space, ensuring consistent tenant demand. With its thoughtful design and prime location, this property is an investment powerhouse.

The main house offers an expansive entertainment space that includes a lounge, TV room, and two large verandahs which feature some of the best sea and mountain views in town. The open-plan kitchen is well-equipped with space for a dishwasher, fridge, gas stove and extractor fan. The spacious main bedroom has access to the verandah and comes with a full en suite bathroom. Additionally, there is a study room that can double up as a hobby room or second bedroom with its own bathroom and bidet. The third bedroom on the ground floor is accessible from the main house and offers an open-plan bedroom, kitchenette and lounge area. This unit also has its own entrance and a sunny verandah, ideal for visiting guests or family. The property also includes a double garage with an automated door and a separate laundry room downstairs, which has space for a dishwasher.

1 Bedroom Flat (Ground Floor)

The 1-bedroom flat on the ground floor features a separate bedroom with an en suite shower/bath room, an open-plan lounge, dining area and kitchenette with an electric stove and space for a washing machine. It has its own entrance, pre-paid power meter and an open parking bay, ensuring privacy and convenience for tenants.

Additional Features

- 5 kW Inverter plus 12 Solar Panels: Ensure energy efficiency and sustainability.

- 5000L Backup Water Tank: Connected to the gutters for back up water.

- Fully Furnished: Furniture included, adding immediate value.

- Wireless WiFi Connection: Already installed with individual unit connections.

- Pet Friendly: Accommodates tenants with pets.

Please note that transfer duty is payable.

This property offers a dual income stream and a premium location.

Note: This property is only for sale on the condition that an investor buys with the current owner renting upstairs and the tenant renting downstairs. Total monthly rental income to be discussed.

Property Type
House
Bedrooms
4
Bathrooms
4
Stand Size
804m²
Building Size
440m²
Living Area
4
Study
1
Garages
2
Open Parking
6
Rates & Taxes
R1,900
Flatlet
Yes
Furnished
Yes
Pets Allowed
Yes
Prepaid Electricity
Yes
Municipal Water
Yes
Fibre Internet
Yes
Uncovered Parking
Yes
Garden
Yes
Reference
2315915
Grade
C3
Property history
Listed for sale at R7,950,000
09 Sep 2024
Get to know Mossel Bay
The bustling town of Mossel Bay lies on the slopes of Cape St Blaize with the Outeniqua Mountains as its backdrop, and while many see it just as a holiday town, Mossel Bay is the permanent home to many residents who have made their homes in the picturesque town.
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