5 Bedroom Property for Sale in Wavecrest R4 250 000. 27 Sep 2024

Property features

R4 250 000
5 Bedrooms
5.0 Bathrooms
Living Room/s
Garage for 2 car/s
Outside Parking for 2 car/s
Rates R1154 pm
Pet Friendly
Garden

Property Details

Dual Mandate Rare Coastal Gem – Income-Generating Property Just 500m from the Beach! This is a once-in-a-lifetime opportunity to own a beautifully maintained property in the highly desirable Wavecrest area of Jeffreys Bay, with breath-taking sea views and a short walk to the beach, surf spots, and local amenities like Spar and Nina’s. Prime Location: Overlooking the world-renowned Supertubes, home to the world’s best right-hand wave, this property is a surfer’s dream. Its proximity to key attractions makes it one of the busiest rental properties in Jeffreys Bay. During peak seasons like the International Corona Surf Festival and holiday months, rental rates can double due to the high demand. Three Unique Rental Units or One Spacious Home: The property boasts three distinct, charming units—Captain’s View, The Deck, and Ryan’s Surf Cabin—offering versatile income potential or the option to convert into one large home accommodating up to 13 guests. • Captain’s View (Sleeps 4-5): Top-floor unit with an open-plan kitchen, indoor braai, spacious living and dining areas, and stunning sea views from nearly every room. • The Deck (Sleeps 4): Airbnb 4.97 stars with 33 reviews. Open-plan lounge, two bedrooms, and a sun deck with gorgeous sea views. • Ryan’s Surf Cabin (Sleeps 2): Airbnb 5 stars with 15 reviews. Cosy and private, this unit is a guest favourite with a deck balcony and stunning views. Each unit has a private entrance and is separated by soundproof doors, allowing flexibility for rental or personal use. Established Holiday Letting Business: With a Super Host status on Airbnb and excellent reviews across multiple platforms, this property offers a ready-made income stream. The sale includes all furniture, appliances, bed linen, and online listings. Current Rental Rates: • Captain’s View: R2850–R4000/night (seasonal) • The Deck: R950–R1950/night (seasonal) • Ryan’s Cabin: R700–R980/night (seasonal) Additional Features: • Double garage • Established, low-maintenance garden • Approved plans and occupancy certificate Don’t miss this rare opportunity to invest in a thriving holiday rental business with incredible potential!