An established homestead on large grounds offering a country lifestyle where you can relax under trees and enjoy the tranquillity of living with nature. The split level main house has several bedrooms; study; kitchen; scullery and lounge area with the dining room area opening onto patio overlooking pool, fish pond, dam and the treed garden. The house has been converted into apartments with additional units added which total ten units. Each unit has two bedrooms (except for two single bedrooms), including living area, kitchen and bathroom. Carport parking is provided for six vehicles in addition to three garages. All units are tenanted producing a solid income stream of R480k per annum. A summary of apartment detail and building plans will be made available to interested parties. The alternative usage for this property would be Conference Centre, Guest House, Air BnB, Retirement Facility or Student accommodation. The sizeable site of 8,500 square meters offers opportunity for further development to an investor. Give us a call to arrange a viewing.
Port Elizabeth, Uitenhage, Despatch and Colchester (Nelson Mandela Bay) has got everything a visitor expects to find on a South African holiday. The only city that boasts the Big 7 (Elephant, Buffalo, Rhino, Lion, Leopard, Humpback Whale and Great White Shark) within it's municipal boundaries, Port Elizabeth (The Friendly City) is known for its over 40km coast that boast a multitude of Blue Flag Beaches and hours of...
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