Engel & Völkers
ENV185476

Modern Summerstrand Family Home with Student Accommodation Opportunity

ZAR 2,250,000~€114,091
  • 5 Bedrooms
  • 3 Bathrooms
  • 275 m² Living area
  • 798 m² Plot surface

Description

Expanded Student Home Opportunity Convert this 5 bedroom home into a 9 bedroom income-generating, student house with minimal effort. Special consent for student accommodation is required for this erf Space for 5 to 6 off-street parking bays is available now Potential gross rental yield of 19% (for 9 rooms) Phase 2 build project could add a potential three new extra rooms on the back of the property and boosting your rental income further. Or, move into your... Work-from-home Family Home in a family friendly street Boasting 5 bedrooms and 3 bathrooms with the front room currently used as a spacious work-from-home office with its own access to outside. Perfect for a home practice or home business. The main bedroom has a built-in vanity and the en-suite bathroom has a large glass shower cubicle with rain shower head. All bedrooms have built-in cupboards. The bedroom next to the double garage, with it's own en-suite shower room has a door to the outside and could be used as a domestic’s quarters if required or for visiting guests. The modern, open fitted kitchen flows into the indoor braai room and dining room that can seat 8-10 people easily. The large family/TV room with two large sliding doors open onto the paved patio with an awning to keep cool. The modern fitted kitchen has granite counter tops with a gas hob and a separate scullery and space for a washing machine. The double garage has remote doors and the added bonus of floor-to-ceiling built-in cupboards for extra storage. The facebrick exterior means low maintenance costs for the new owner. The private, low maintenance garden has one rain water tank and there are gates to keep the pets safe in the back garden. There is a remote motorised gate and parking space for 3 extra cars off street. Live the seaside lifestyle in this ideal location. You are less than 3km’s to the Boardwalk Mall for shopping, restaurants and entertainment. Hobie beach is 3km's away, and top Summerwood Primary and Pearson High schools are very close too. Humewood Golf Course Links is only 4 km's down the road and the new NMU western access gate in Strandfontein Road is just 600metres from your front door. Please call me for a private appointment to view your new Summerstrand home or Student investment property. Welcome home.

Features
GarageGarden
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Engel & Völkers Port Elizabeth

Your advisor: John Munro

Property ID: ENV185476

Property details

Property type

House

Bedrooms

5

Bathrooms

3

Garages

2

Parking spaces

3

Living area

275 m²

Plot surface

798 m²

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Engel & Völkers Port Elizabeth

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Provider:

Port Elizabeth

License partner of Engel & Völkers Southern Africa (Pty) Ltd

Commission details

Agent's Professional Fee is included in the price advertised.

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