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8 Bedroom House For Sale in Pearlrise

R13,900,000


Monthly Bond Repayment R148,233.72
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR18519

Spacious 8 Bedroom Home for Sale

Tyson Properties Helderberg proudly presents this Dual Mandate situated in the heart of Somerset West.

This property in Somerset West offers a versatile opportunity for various buyers. Currently operating as a 4-star 8 bedroomed guest house, it features a substantial 4600m² erf that can be subdivided or sectionally titled, making it ideal for developers or investors interested in Airbnb.

The double-story home includes:
• Main Unit: Located on the top floor with a private entrance, it features an open-plan lounge with a built-in fireplace, kitchenette, two bedrooms, a large walk-in closet, and a full bathroom with modern amenities. A spacious balcony with a jacuzzi provides stunning views of the garden.
• Self-Contained Unit: A separate 2-bedroom unit with its own lounge, kitchen, and en-suite bathrooms.
• Mezzanine Floor: Contains three additional units that can serve as a family space or individual rooms all with their own bathrooms.

In addition to its various living units and spacious garden, the property features a large sauna located at the end of the garden. This adds a luxurious touch and enhances the appeal for both family living and potential guests, making it an attractive feature for those interested in wellness and relaxation.

This property is well-suited for large families or investors looking to capitalize on the growing Airbnb market in the region. Investors can operate the current guest house while taking the time to subdivide the property. This allows for the construction of modern homes, providing an excellent opportunity to generate additional income. The property's size and current use as a guest house create a unique balance of immediate cash flow and long-term investment potential in Somerset West, making it a strategic choice for savvy investors.

Features

Bedrooms 8
Security Yes
Bathrooms 7.5
Flatlet 1
Recep. Rooms 3
Study 1
Floor Size 698m²
Garages 2
Land Size 4,609m²
Carports/Parkings 4
Pool Yes
Pets Allowed Yes
Monthly Rates R4,039.00
Monthly Levy R1.00
Extras

Air Conditioning Unit
Alarm System
Backup Water
Balcony
Built in Wardrobes
Chlorinator
Cooling Fans
Double Parking
Driveway
Fireplace
Sauna

Agent Contact Details

Leigh Oberem
Tyson Properties Helderberg

Cell 079 521 3592
Office (021) 0013575
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