Stunning 7 bedroom Victorian style House in Summerstrand- LUCRATIVE INCOME GENERATOR!!

This beautiful 7 bedroom, 3 bathroom, FULLY FURNISHED income, generator must be viewed to be appreciated. Situated in "Old Summerstrand" it is a stone throw away from the beach and the entrance of the University. It is currently being let out as private student lodgings at R 29 300 per month (excluding the Airbnb income in December and January) and the rental will increase to R 35 000.00 per month from 1 December 2025. The house is situated so close to the beach that you can hear the sound of the waves rolling in from the property,

The house has a classical Victorian feel with it's stunning stained glass front door and intricate lace trim on the frontage of the home and sea view from the lovely front veranda. Upon entry you are met with a charming entry hall. The open plan leisure area is warm and inviting with beautiful views of the stunning garden. The open-plan all white kitchen and dining room is spacious and inviting allowing for many cooks to share the space. There is abundant kitchen storage and counter space which is perfect for communal living.

Tiled, laminated and carpeted with built-in cupboards throughout. Downstairs there is a very large main bedroom with an en-suite bathroom and ceiling fan, two downstairs bedrooms with laminated flooring and an extra bathroom with two showers. Upstairs there are 4 bedrooms,, two with lovely ocean views , the other two bedrooms have lovely garden views. An upstairs bathroom. and open leisure room creates a feeling of extra space and provides an extra study area. A beautiful spacious wrap around balcony with amazing sea views completes the picture.

The landscaped garden is expansive and allows for extra accommodation to be erected if necessary. There is 3 massive water tanks ( 7,5000 litres) each, filtered and pumped into the house to ensure that all water needs are always met.

Currently the property is fully tenanted, with a waiting list for next years’ student intake.

Come and view this beautiful gem that is well loved by the present tenants because of its homely, relaxed feel and comfortable space for everyone to enjoy. The potential income that could be generated by this property is very lucrative, alternatively it would make a stunning spacious residential property or guesthouse, Such value for money is very seldom found. So don't miss the opportunity to come and view this gem with me!