SOLD
SOLE MANDATE
Web Ref 7004075
R2,750,000
0 2 Wessels Street, Summerstrand, Port Elizabeth
Monthly Bond Repayment R27,455.44
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R3,297
R3,297
INVESTMENT OPPORTUNITY1 CURRENT INCOME R32 550 PER MONTH
Discover a Unique Investment Opportunity!
Situated on a spacious 1548 sqm corner plot, this extraordinary property currently generates a monthly income of R32,550âwith even more room for growth. Whether youâre an astute investor or looking for a multi-generation family home, the features of this home promise both impressive returns and versatile living spaces.
Main House & Flatlets: The primary residence has a lounge, a kitchen, and three well-appointed bathrooms. Additionally, two separate flatlets each offer a private bedroom, kitchen, and lounge area, providing ideal self-contained living spaces that boost the overall income potential.
An independent cottage has its own entrance. This self-sufficient unit comes complete with two bedrooms, two bathrooms, a stylish kitchen, and a comfortable lounge. Enjoy the private garden and an attached garageâa space that can serve as a guest haven or an additional rental opportunity.
The propertyâs location is a standout feature. Its strategic position means youâre investing not only in a current income stream but also in a future of potential growth. With a layout that supports multiple tenants and ideal for rental diversification, itâs a promising asset in todayâs competitive market.
1.5km to the Beach
808m to Pearson High School
2km to Humewood Golf Course
Opportunities like this don't come around often. To explore every facet of what this property has to offer, call Jenny or Morne to arrange your private viewing.
All viewings will be conducted following industry protocols, ensuring a smooth and professional process.
Situated on a spacious 1548 sqm corner plot, this extraordinary property currently generates a monthly income of R32,550âwith even more room for growth. Whether youâre an astute investor or looking for a multi-generation family home, the features of this home promise both impressive returns and versatile living spaces.
Main House & Flatlets: The primary residence has a lounge, a kitchen, and three well-appointed bathrooms. Additionally, two separate flatlets each offer a private bedroom, kitchen, and lounge area, providing ideal self-contained living spaces that boost the overall income potential.
An independent cottage has its own entrance. This self-sufficient unit comes complete with two bedrooms, two bathrooms, a stylish kitchen, and a comfortable lounge. Enjoy the private garden and an attached garageâa space that can serve as a guest haven or an additional rental opportunity.
The propertyâs location is a standout feature. Its strategic position means youâre investing not only in a current income stream but also in a future of potential growth. With a layout that supports multiple tenants and ideal for rental diversification, itâs a promising asset in todayâs competitive market.
1.5km to the Beach
808m to Pearson High School
2km to Humewood Golf Course
Opportunities like this don't come around often. To explore every facet of what this property has to offer, call Jenny or Morne to arrange your private viewing.
All viewings will be conducted following industry protocols, ensuring a smooth and professional process.
Features
Pets Allowed
No
Interior
Bedrooms
10
Bathrooms
5
Kitchen
3
Furnished
No
Exterior
Garages
1
Security
No
Pool
No
Sizes
Floor Size
409m²
Land Size
1,548m²
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