Property Details

Welcome to Cannonville, the sought-after area where this property is situated. Just a short walk away from the Sunday's River, this home offers a prime location for those seeking tranquility and convenience. According to the latest data from Lightstone, the comparable average sales price of this home should be just over R1 900 000.00. However, the current owners are eager for a quick sale, making this a limited-time opportunity.

While the home may require a little TLC, the attractive price allows you the opportunity to renovate and still yield a future profit should you choose to sell. With its face brick exterior, this low-maintenance property is designed for hassle-free living.

Investors take note: there is a high demand for rental properties in the Colchester area. The development of the new Coega harbour, just a 15-minute drive away, has created a surge in demand. Additionally, the entrance gate to the renowned Addo Elephant Park is only a 5-minute drive away. This presents an excellent opportunity to tap into the local and international tourism market by renting the house out on a daily basis via platforms like AirBnB.

Inside, this spacious home boasts 4 bedrooms and 2 bathrooms. The smallest room can easily be utilized as a study, adding versatility to the property. The kitchen is generously proportioned and opens up to a sunny dining area. Adjacent to the dining area is a comfortable lounge, perfect for relaxation. Step outside and you'll find an undercover entertainment or braai area, ideal for hosting gatherings with family and friends.

The property also offers potential for expansion or additional income. The double garage can be converted into a flatlet, providing an opportunity for rental income or accommodating extended family. Furthermore, there is ample space in the garden if you wish to install a carport.

To secure your chance to view this property before it's sold, contact Bertie van Deventer today. Don't miss out on this exceptional investment opportunity, conveniently located just a 25-minute drive from the Port Elizabeth Airport. Act now and seize the potential that awaits you in Cannonville.