6 Bedroom Freehold For Sale in Uvongo
R2,300,000
11 Svea
Monthly Bond Repayment R24,527.88
Calculated over 20 years at 11.5% with no deposit.
Web Ref No TPR11243
Income Earning Opportunity- Four flats in one!!
Whether it's Air B&B or long term letting you are considering, this property is ideal in so many ways and offers great options all around. Whether you wish to rent out all four flats, live in one and rent out the others, or to run your very own Air B&B , this property will tick the box in terms of location and proximity to the beach, along with sea views, all big pluses for Air B&B. Situated close to both the Uvongo main beach and Lucien Beach, this well positioned holiday home is just a road back from the ever so popular Lilliecrona Blvd, allowing your guests to take advantage and walk, run or ride their bikes along this popular stretch.
The property is made up of the following flats, each with their own prepaid meters and the rental on each includes water.
Downstairs : 1 bed flat with bathroom and kitchenette R 3500
2 bed flat with lounge, kitchen and bathroom R 4500
2 bed flat with bathroom, kitchen R 5000
Upstairs: Very modern, refurbished 1 bed, 1 bathroom , kitchen, lounge, bar area ,covered balcony with jacuzzi and laundry R7000
Total rental income of R20 000
The property has back up water, is on main line sewage, offers sea views, and fully electric fenced all around. Secure parking for up to 4 cars.