EAST LONDON, EASTERN CAPE, SOUTH AFRICA 5241 - ZAR 17300000

Overview

PROPERTY#:9306128

ZAR 17300000

Blue Bend Place, 3 East London Eastern Cape South Africa 5241

East London

     This property, with its diversity of living areas, is truly an investors dream.What do we like most about this propertyA) A HIGH INCOME GENERATOR AS A GUEST HOUSE OR BBThis property has 5 spaces Bedrooms with stunning VIEWS and ensuite bathrooms Each bedroom could generate R1500-R3000 per day . Bedrooms could generate R10,000 - R20,000 per day.Averaging R200,000 - R450,000 per month, plus an annual peak booking over xmas and new year of approximately R250,000-R300,000 for 10 days , giving you a nice business float for the year.With all my luxury listings, I offer a 5 day free consultation to set up your new property to operate as a business.This includes setting the buyer up with: Renovation teams, Project managers, online booking systems, BB managers, cleaning teams, etc.What do guests want: WALKING DISTANCE TO BEACH, VIEWS, EN-SUITE, SWIMMING POOL, AIRCONS, SAFE LOCK UP AND GO.Use the property to generate income, to live off-grid, escape with your kids to live surrounded by nature, to use as a holiday home, or a permanent residence. Work remotely, retire, have your own guest house to generate income, the possibilities are endless. Our passion is helping people to set up their new life, business, so be it project managers, architects, staff, builders, or airbnb shopping that you require, we are happy to help with a full day of free consultation to get you up and running once you have invested in your new dream property.Top tourist attractions of East London on Trip Advisor:Nahoon Beach Nahoon Estuary Nature Reserve, a partially enclosed, coastal water body where freshwater flow from rivers mix with tidal salt water from the ocoean, encompassing and extraordinary variety of unique fauna and flora.Sunshine coast - lush, tropical vegetation, sunshine coast, un-polluted un-crowded beaches.Golf, triatholon, outdoor sports, kayaking, surfing, warm Indian Ocean waters.Oceanic climate, humid subtropical climate. Average 14`c Winter 23`C in summer and Lion park, aquariam nearbyDirect access to Nahoon beach Most glamorous outdoor area, overlooking the Nahoon RiverTop work attractions:Industries: Mercedes-Benz Group (Headquarters in Germany) Manufacturing plant, Clothing, textiles, pharmaceuticals, food processing, Daimler AG intvestmetns East London Develpment Zone 1500ha of land made available for 4 duty-free developments in SA to encourage investors in SAUniversity: University of SA, Walter Sisulu University, Fort Hare University10km from N2, 19 km from airport, 10km from city centre,  10km from mall, 4km from shops, 10km from CBDNext to East London Golf Club West Bank Golf ClubAirbnb - return on investment opportunity estimate:Generate an average of R1000-2400 per room per night.8 Bedrooms = R8000-19,200 per night60-70% occupancy = R144,000 - R345,000 per monthLive in the flatlet or ADD the flatlet and generate an additional average of R2400 per night (R43,200 per month)*****Top Features about this Investment Property:Return on investment. Views from most bedroomsEn-suite bathroomsMultiple Living areas: 3 Reception areas, Movie Room Gym, 2 x walk-in safes, Records room. Work remotely with 3 office and bathroom facilities. pedestrian access too offices/additional airbnb rooms/staff quartersSecurity: CCTC Cameras outdoor beamsBorehole with 30,000 litre water storage tanks. water pumps and filtration system. Easy to set up off-grid living (add solar).Kitchen: Well equipped with Microwave, pantry, scullery, laundry, open plan, extractor fan, granite tops, washing machine connection, tiled floors, built-in cupboards, 2 ovens, hob. Granite kitchen countersBedrooms: All Tiles floors built-in cupboardsFlatlet: Lounge, kitchen, bedroom , bathroom, Offices: 3 large offices, reception area, separate entrance, staircase, pedestrian entrance, en-suite bathroom, kitchenette.Building: Modern, Open Plan, split level, stylish designThe house is situated on a cliff overlooking the estuary and ocean, river.Contemporary, Timeless, Travertine tiles, American shuttersPerfect as a guest house/boutique hotel/ residence with offices/ residence/ live and work/live and run business. The property has valid Business rightsArchitect: Hylton Mkenzie3phase powerSunken trampolineSwimming poolLarge Garden lawn Description of multiple areas:1. Garages:4 garages4 parking2. Offices:4 offices (cubicles subdivided with dry walling) on top of the garages. Away from main house1 x bathroomOpen plan, divided with dry walls, can be converted into large flatlet with 2 bedrooms.3. Main area:5 Bedrooms – 4 ensuite and 1 separate bathroomLounge: surround sound, open plan, dining, kitchen, scullery, laundry 4. Entertainment area:Cinema, inside braai, undercover patioSkylightConcealed Records roomConcealed Walkin safe (2.5x3)1 bedroom apartmentGym areaEnclosed courtyard/play areaCan convert into family room bathroom (no views)Medium sized bedroomsCan potentially make 4 en-suite bedrooms5. Servants' quarters:Room with bathroom – can add kitchenette.6. Flatlet:Riverside1 bedroom, bathroom, kitchen, lounge7. Area at the bottomLounge, Library, daybed 3 bedrooms goes onto the veranda.Can add segregation.1.5m decking

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