Single Family Home for Sale East London, Linaria Dr

$587,881 1,525 m2
Show on map House #3411 - Property Location on the Map
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Property Location
State
Country
Address
Linaria Dr, Vincent Heights, East London, Buffalo City Metropolitan Municipality, Eastern Cape, South Africa
Near
Vincent Rd
Property Description

10 X BEDROOM 3 X STAR GUEST HOUSE - 180 DEGREE SEAVIEWS This “Top Billing” maintenance clinker face brick mansion is situated on a scenic hill, with undisturbed valley, sea and river views that will leave you breathless. This 10-x bedroom with 12 bathrooms boasts breathtaking 180-degree sea views of Nahoon Beach, which is rated as one of the best surfing spots in South Africa, to prove the point - the 1924 International World Waveski Championships will be hosted in East London, at Nahoon Reef break, only 2.5 km from this luxury mansion, Don’t miss this golden opportunity to own a slice of paradise, blissfully sipping cocktails, or entertaining family and friends, having a barbecue under a huge underroof patio whilst viewing mesmerizing sunsets over the ocean, that stretch as far as your eyes can see. This stunning property was used by the owners as a three-star Lodge accredited by the prestigious Tourism Grading Council and the Guest house constantly receives awards the latest being awarded the 2023 Travel Awards in South Africa where the Guest house is ranked in the top 3% of properties on the travel search platforms which is a remarkable achievement and speaks volumes about the quality of this establishment, which operates on a 75% plus occupation figure, with a huge established client base of mostly business executives, reps and professional people. This huge family mansion does not only boast exceptional views it could be utilized for a range of income-generating opportunities and over the past six years the property generated exceptional financial returns for the owners. The owners of this mansion will always be insured of a steady source of income, this setup is a “money cow” and because the property is zoned as commercial it means the local Municipality approved that the property may be used for business purposes e.g., a guest house, which means your neighbors can not object or cause trouble for your business investment! Like the sellers, you could also stay in a large part of the property, and rent out the other nine executive bedroom suites, which rooms will be sold fully furnished and kitted out each of the nine rooms with their ensuite bathroom and kitchen, decoders, DSTV, cloud nie luxury beds, linen, and uncapped lightning-fast Wi-Fi, or the buyer could also rent out the 10th main bedroom as a honeymoon suite, because of the ultra-modern spacious bathroom, with a jacuzzi style bubble bath and walk-in shower. Here are the highlights: Property Features: • Location: East London • Rating: Three-star Lodge • Views: Exceptional views of the surroundings Accommodation: • Suites: 10 well-appointed suites • Kitchens: 10 fully equipped kitchens • Bathrooms: 12 bathrooms, including ensuite bathrooms in the main bedroom and spare bathroom • Luxury Features: Jetted jacuzzi style baths and unique massive walk-in showers • Modern Finishes: The property boasts modern upmarket finishes Self-Catering Suites: • 9 of the rooms come with TVs and DSTV, making them ideal for self-catering guests Income Potential: • Two tiled laundries with the potential to generate income as bachelor flatlets• 1 tiled double garage upstairs with the potential to become 2 bachelor flatlets or a two-bedroom flat • Another massive, non-tiled double garage downstairs, also with potential for 2 bachelor flatlets or a two-bedroom flat • Both garages can be partitioned for maximum income potential Utilities: • 1 x 300-litre solar geyser • 2 standard 200-litre geysers Entertainment Amenities: • Indoor braai in the entertainment/TV room • Three outdoor braais, including one by the swimming pool, one by a big patio overlooking the sea, and one by the big two-bedroom family flat, with private seating arrangements. Additional Features: • Pool View 1: A two-bedroom, semi-self-catering flatlet with an ensuite bathroom • Garden View 3: A fully self-catering existing two-bedroom flat with a private garden, built-in braai, and tiled seating arrangements • Spacious under-roof open patio with ample seating • Nearby braai area with majestic sea and valley view’s • Saltwater swimming pool with a built-in braai and seating arrangement • Brand new pool safety net Investment Opportunities: • The property can be rezoned as two separate properties • Potential to sell or rent out the two houses on the property individually Inclusions: • Nine of the suites come fully furnished with furniture, TVs, DSTV, cutlery, crockery, beds, linen, and fiber Wi-Fi-linked • Ready for instant occupancy General Information on Property ERF 19902: • Plot Size: 1525 square meters • Under Roof Area: 693 square meters • Construction: The property features face brick and clinker brick construction, a tiled roof, and thick cement slabs. It is designed to require minimal maintenance. Rates and Zoning Options: Option 1: Commercial Zoning • The property is currently zoned as commercial. • Blue Sea Guest House holds a three-star rating accredited by the Tourism Grading Council

Property Info
Ad Type
Single Family Home for Sale by Owner
Property Category
Residential
Property
House
Property Type
Single Family Home
Total Area
1,525 m2
Lot Area
21.49 are
Year Built
1983
Storeys
2
Bedrooms
10
Bathrooms
10
Parking
Garage
Price
$587,881
Seller Contacts
Name
Johan Martyn Oelofse
Phone
Phone
E-mail
Views Stats
For 2 weeks:
All time total: 439
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