R 2 800 000
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5 Bed House in Colchester

5 4 1 1 193 m²

SOLE AND EXCLUSIVE MANDATE

Introducing a Stunning 5-Bedroom Riverfront Property with Incredible Investment Potential

Welcome to this magnificent 5-bedroom home, ideally situated on the banks of the Sunday''s River. Conveniently located within walking distance to the local Spar Supermarket and Restaurant, this property offers both convenience and tranquillity. The picturesque Hill, a prominent feature in the background, is part of the renowned Addo Elephant National Park, with the Southern entrance gate just a short 5 minutes'' drive away.

This property boasts two bedrooms that have been converted into self-catering units, which can be used for long term rentals. The furniture can be bought separately and there is a big demand for long term rental houses in Colchester with the rapid expansion of the new Coega Harbour development.

Immerse yourself in the ultimate riverfront lifestyle, envision lounging by the pool with your children enjoying a refreshing swim. If you''re lucky, you might even catch a glimpse of an Elephant strolling up or down the Hill. On the other side of the house, indulge in the pleasure of hosting friends and family while enjoying the breathtaking river views from your own braai area. This solidly built face brick house includes an underground reservoir that collects rainwater, providing ample storage capacity to fill the swimming pool.

The main bedroom offers stunning views over the river and features its own bathroom. Two additional bedrooms share a full bathroom. The two self-catering units each have their own bathrooms, with the downstairs unit boasting a bath with a view as seen in the pictures and video. The lounge and indoor braai or entertainment area seamlessly flow into the dining area, all overlooking the inviting swimming pool.

While this home could benefit from some updates such as new carpets and tiles in the bathrooms, these considerations have been reflected in the asking price. The new owners will have the opportunity to personalize and customize these areas according to their own style and taste.

If you''re seeking a holiday or weekend home, this property is perfect for you. The additional long term rental units provide an excellent opportunity to supplement your income or can be easily converted back into part of the main house. It is worth noting that the insurance replacement value of the house is estimated at R8 683 788.00, giving you a clear indication of the quality and value on offer.

Contact Bertie van Deventer today to arrange a viewing of this exceptional riverfront property and witness the investment potential first hand. Don''t miss out on this unique opportunity to own a piece of paradise.

Property details

  • Listing number T4442669
  • Property type House
  • Erf size 1 193 m²
  • Rates and taxes R 1 587

Property features

  • Bedrooms 5
  • Bathrooms 4
  • Lounges 2
  • Garages 2
  • Open Parkings 1
  • Pet Friendly
  • Pool
  • Furnished
  • Garden

Photo gallery

Video