R 4 250 000
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5 Bed House in Wavecrest

5 4 2 588 m² 340 m²

Income Generating Property!! Prime location!! - DUAL MANDATE

Very Rare Opportunity!! Incredible views and walking distance to beach, surf spots, Spar / Ninas and more!!

500m from the beach!!

Super Host on Airbnb with high rankings on accommodation platforms!!

Listing on all platforms will be included in the sale. Income figures available to serious buyers.

Overview:

This is a unique opportunity to acquire a beautifully maintained property, located in the highly sought-after Wavecrest area of Jeffreys Bay. The property has three Distinct and Charming Rental Units: Captain''s View, The Deck & Ryan''s Cabin Offering Versatile Income Potential and Coastal Comfort, or it can Convert into 1 Large House to Accommodate 13 people / guests in total. The property has an occupation certificate, approved plans, and the option to continue operating a thriving holiday letting business.

Property Highlights:

Breathtaking Sea Views: The property offers spectacular sea views from nearly every room in the house, making it a true gem for those who appreciate coastal living.

Prime Location Overlooking Supertubes: The house overlooks the world-renowned Supertubes within walking distance to famous for having the best right-hand wave globally. This prime spot is a dream for surfers and makes the property one of the busiest rental properties in Jeffreys Bay. During the International Corona Surf Festival and peak holiday seasons in December and April, the daily rental rate can double due to high demand.

Versatile Layout: The property has been thoughtfully modified to create three distinct rental units, each with its own private entrance:

Accommodation:

Unit 1: Captains View Sleeps 4 / 5

The top story of the house was renovated to include a second bedroom, a shower unit, and an enclosed staircase, creating a separate rental unit. While these changes are not reflected in the approved plans, they were deliberately constructed with dry walling, allowing for easy removal if the

Property details

  • Listing number T4760681
  • Property type House
  • Listing date 23 Aug 2024
  • Land size 588 m²
  • Floor size 340 m²
  • Rates and taxes R 1 154

Property features

  • Bedrooms 5
  • Bathrooms 4
  • En-suite 2
  • Lounges 2
  • Dining areas 1
  • Garage parking 2
  • Flatlets
  • Pet friendly
  • Built in cupboards
  • Patio
  • Sea view
  • Kitchen
  • Garden
  • Guest toilet
  • Built In braai

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