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12 Bedroom Guest House For Sale in Athlone

R4,100,000


Monthly Bond Repayment R43,723.61
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR7354

INVESTOR'S PARADISE- HIDDEN GEM (GUEST HOUSE/B&B/ACCOMMODATION)

This hidden piece of property is off North Coast Road. It's a gem of a property that is hidden in a country style outlook. The main building is occupied by the owner and a major part of the property is tenanted. The house has a wrap-around balcony in it over-looks a sparkling pool and an amazing garden around it. The property has another 3 house on it. All parts of these house are tenanted and it derives an income in excess of R40 000.00 per month. There is ample parking on the property and it boast 2 frontages (One from North Coast Road and one from Cranberra avenue. There is a tennis court on the property and this part of the property can be converted into something amazing like a convention centre. The uniqueness of this property makes it a very prized possession.

Features

Bedrooms 12
Bathrooms 12
Flatlet 3
Recep. Rooms 3
Dom. Accom. 1
Study 1
Floor Size 1,000m²
Land Size 2,264m²
Carports/Parkings 4
Pool Yes
Pets Allowed Yes
Monthly Rates R1,588.00
Monthly Levy R1.00

Agent Contact Details

Richard Abraham
Tyson Properties Morningside Office

Cell 073 873 3699
Office (031) 3129500
WhatsApp Me
Reece Abraham
Tyson Properties Morningside Office

Cell 073 128 7100
Office (031) 3129500
WhatsApp Me

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