Property Details

A very exciting long term investment opportunity now available in the unique coastal suburb of Llandudno. Secure, this 6 bedroom, 4 bathroom older home in a wonderful location overlooking Sunset Rocks just 100m from the stunning coastline and Sandy Bay Nature Reserve. With gorgeous panoramic ocean and mountain views, this property is just 5 minutes stroll to the superb beaches of Sandy Bay and only 10 minutes walk along the coastal path to Llandudno beach which is also considered one of the most beautiful beaches on the Atlantic Seaboard. Without a doubt one of the most stunning and safe suburbs in South Africa, this location is an exceptional investment for a future dream home in the unique coastal bay of Llandudno. CONDITION OF SALE The property with be sold "Bare Dominium"* and the owner who is now 70 years old will retain a "Lifelong Usufruct"**. The owner, however, may wish to voluntary vacate the property before his demise due to a change of circumstances or health issues. * Bare dominium is ownership without the right of use. ** Usufruct is the right to make full use of the property without ownership. CURRENT MARKET VALUE: R22 000 000 Erf no. 2327 Main House: 247sqm Open plan lounge, dining room and kitchen Two small bedrooms with shared bathroom, (WC, basin, bath, shower over bath) One bedroom en suite bathroom (WC, basin, bath, shower over bath) with study Tandem garage for two cars Solar geyser Small load shedding backup system for internet, lights and TV 35m3 free form swimming pool Patio with garden view Lovely wooden deck surrounded by trees with pretty sea views. Separate upstairs apartment with its own entrance: 127sqm Two small bedrooms, sharing one bathroom (shower, basin and WC) One small separate study/studio/bedroom with one en suite (basic and WC) Open plan kitchen, dining area and lounge with hot & cold air conditioner West facing 16sqm private balcony 16sqm extended wooden deck with magnificent unrestricted sea, sunset and mountain views Prepaid electricity meter Solar geyser Small load shedding backup system for internet, lights and tv Fibre internet One partially covered, secure off-street parking bay for a standard size car