R1,970,000
R1,970,000
7 Bedroom House For Sale in Sea Park
7
Bedrooms
7
Bathrooms
8
Parkings
Ref. RLS1002300
Land 937.00m²
Floor 400.00 m²
Monthly Repayment
R19,338.37
Fanie Marais
Fanie Marais Property Practitioner Seeff Hibiscus Coast PPRA Registered | FFC 202401071765248
Marieta Marais
Marieta Marais Property Practitioner Seeff Hibiscus Coast PPRA Registered | FFC 202401032403816
Monthly Rates R1,800
Total R1,800

MULTI-UNIT INVESTMENT PROPERTY: 7 BEDROOMS WITH STRONG INCOME POTENTIAL

Web Ref. RLS1002300
If you are looking for a property with substantial bones and a clear path to high rental yields, this face-brick home offers a unique opportunity. While the property does require some focused attention and restoration to reach its peak, the layout and infrastructure are already geared toward a high-occupancy investment or a large multi-family setup.

The Property Breakdown

The home is cleverly divided into four separate living spaces, providing privacy and independence for multiple tenants:
• Unit 1 (First Floor): A spacious 2-bedroom, 2-bathroom (main ensuite) layout featuring a large open-plan lounge, kitchen and dining area.
• Unit 2 (Ground Floor): A compact 1-bedroom unit with a bathroom (shower, toilet, basin) and an open-plan lounge/kitchen.
• Unit 3 (Ground Floor): A 2-bedroom, 2-bathroom (main ensuite) unit with a functional open-plan living and kitchen area.
• Unit 4 (Ground Floor): Another 2-bedroom, 2-bathroom (main ensuite) configuration with an open-plan lounge and kitchen.

Functional Features

• Low-Maintenance Exterior: Constructed with face brick, a tiled roof, and aluminium window frames to keep long-term maintenance costs manageable.
• Simplified Utilities: Each of the four units is equipped with its own prepaid meters for both electricity and water, making utility management straightforward.
• Parking & Storage: Includes two single garages with significant additional space on-site for multiple vehicles.

The Opportunity

Note to Investors: This property currently requires minor TLC and repair work to restore it to its full potential.
For a buyer willing to invest in the necessary renovations, the reward is a versatile 7-bedroom asset capable of generating multiple streams of income under one roof.

Bring your vision and explore the possibilities! Contact us today to schedule a viewing.

Features

Interior
7 Bedrooms
7 Bathrooms
4 Kitchens
4 Lounges
1 Dining Room
Exterior
2 Garages
6 Parkings (Secure Parking)
Pet Friendly
Security
Scenery / Views
Sizes
Land Size 937 m²
Floor Size 400 m²
Additional Amenities
Coastal Beach
Dual Living
En Suite
Driveway
Garden
Freestanding
Flatlet
Tiled Floors
Sea
Aluminium Window

Sea Park, Port Shepstone

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Finance

Monthly Repayment
R0,00
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