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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
R 2 250 000
This beautiful 5 bed house with lovely sea views and 2 bed cottage are situated on higher ground in a sought after residential area of Uvongo. The house consists of a large lounge, more or less in the middle with the main bedroom and 2nd bedroom on the one side and two bedrooms on the other side with a full bathroom servicing these two bedrooms. The large main bedroom is en suite with a full bathroom while there is a shower, toilet basin for the 2nd bedroom. There is a very functional kitchen with space for a large fridge/freezer. The kitchen opens into a separate scullery/laundry. Opposite the kitchen is the dining room. From the lounge a door opens onto a enclosed court yard, partly under roof. There is a koi pond and it is ideal for braais and entertainment, From the lounge a short passage take you to a spacious bar entertainment area. It is a lovely setup and ideal for entertainment. From the bar area through sliding doors you walk out onto a balcony area with spectacular sea views. This is the area where you are going to spend lots of time. The 5th bedroom is a studio room outside with its separate own entrance, spacious with a little kitchenette with a microwave and coffee station. Ideal to let out as an air B&B, which can create lots of income. This was very popular for reps staying over. There is also a separate cottage with its own entrance consisting of 2 spacious bedrooms with a full bathroom and a large open plan lounge / kitchens. Except of the entrance door there is also a door opening into the recreational court yard. This cottage is ideal for extended family accommodation or can be a good sauce of income letting it out. There is a large double lock-up garage and ample of secure parking space for visitors. The large stand is ideal for children and animals to play and run around. For many years the property was run as a very profitable B & B. As the owners are at a age where they want to scale down and retire, this can be your dream come true!!! This is selling at a price that will not be repeated again.
Estimated monthly repayment
R 21 247
on a R 2 025 000 bond over 20 years at 11.25%
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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
Listed by
Emma Nel
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