About This Property

Ideally located just steps from the Gonubie Boardwalk, this solid and well-cared-for property presents an outstanding opportunity for investors or homeowners seeking strong income potential. With four income-generating flats on site, 1 x 2 Bedroom, and 3 x 1 Bedrooms, the rental returns can comfortably assist with bond repayments or be maximized as a self-catering or Airbnb venture in this highly desirable coastal setting, suiting both a family wanting to live in the main home and rent the flats to generate income, as well as fully rented property for both short and long term. The main residence exudes warmth and character, boasting beautiful wooden floors and open-plan living areas that create a welcoming atmosphere. Accommodation includes three bedrooms, a study or fourth bedroom, two bathrooms, a modern kitchen, a separate laundry, and a tandem garage. A delightful front stoep and neat, easy-to-maintain garden complete the picture, offering relaxed coastal living. Adding further value are four well-appointed flats, each featuring an open-plan lounge and kitchen, one bedroom, and a bathroom. Every unit has its own private braai area and small garden, with convenient side-street parking for tenants or guests. Estimated rental income ranges between R20 000 and R25 000 per month. This is a rare chance to secure a prime-positioned coastal property that combines lifestyle and investment appeal—where beach walks, morning coffees at seaside cafés, and sunset drinks at the iconic Gonubie Hotel become part of everyday life.

Features

Floor Size

425 m²

Property Type

Home

Listing Purpose

Sale

Municipal Rates

11026 Estimated Price

Occupation

On Transfer

Furnished

Yes

Property Tags

Level Road Coastal Beach

Rooms

Bedrooms

4

Bathrooms

2

Kitchen

1

Amenities

Garage

1

Flatlet

Yes

Amenities

  • Flatlet
  • Garden
  • Furnished

Other Details

LSLP-2845

For Sale

R 3,450,000

744 m²

Send Inquiry