5-BEDROOM HOME WITH EXCEPTIONAL INVESTMENT POTENTIAL
Located in the tranquil, leafy suburb of Alverstone in Assagay, this expansive 5-bedroom property offers a unique opportunity for those seeking a versatile family home, an income-generating investment, or both. Currently divided into four self-contained units, the property allows for flexible living arrangements and the potential to earn substantial rental income through short-term accommodation. Whether you’re looking to live in one unit and rent out the others, or operate a thriving Airbnb business, this home offers boundless possibilities.
Main House
The heart of the home is the spacious and light-filled main living area. Designed with modern family living in mind, the open-plan kitchen, dining room, and lounge provide a perfect space for both everyday living and entertaining. The large kitchen boasts ample storage, modern appliances, and plenty of counter space, making it a chef’s dream. The main bedroom, located upstairs, is a private retreat, complete with an en-suite bathroom, built-in cupboards, and scenic views of the surrounding garden. This space offers the perfect combination of privacy and luxury for a restful night’s sleep.
Self-Catering Units
The property is divided into three additional self-contained units, each offering privacy and comfort for tenants, guests, or extended family members.
Unit 1
•This spacious, self-contained studio unit is ideal for singles or couples. The open-plan design features a combined bedroom area, lounge, dining, and kitchenette, all leading to an en-suite bathroom. With its separate entrance and private amenities, this unit offers a peaceful and independent living space.
Unit 2:
•A charming 1-bedroom unit with a separate lounge, kitchen, and bathroom. Perfect for a single professional or a couple, this unit is both cozy and functional. The kitchen is well-equipped, and the lounge provides a welcoming space for relaxation.
Unit 3:
• This larger 2-bedroom unit offers two en-suite bathrooms, a spacious lounge, and a kitchenette. Designed with families or shared living in mind, both bedrooms are generously sized with built-in storage. The unit’s two private bathrooms make it an attractive choice for tenants seeking additional comfort and privacy.
One of the standout features of this property is its expansive garden, which provides an oasis of calm. The beautifully landscaped grounds are perfect for outdoor entertaining, play, or simply relaxing. The sparkling swimming pool is a highlight, offering a refreshing spot to cool off during the warmer months. The lush garden is both low-maintenance and picturesque, making it an ideal setting for children, pets, or a tranquil retreat from the hustle and bustle of everyday life.
Currently, the property is being successfully operated as a short-term rental business, with all four units rented out on platforms like Airbnb. This provides immediate income potential for an investor looking to capitalize on the thriving tourism market in Assagay. The self-contained nature of the units makes them highly desirable for guests seeking privacy, comfort, and convenience. The flexibility of the property means it can easily be adapted to suit a variety of needs, whether as a rental business or as a multi-generational family home.
Additional Features:
• Large, modern kitchen in the main house, perfect for family meals and entertaining
• Spacious, comfortable lounge areas in the main house and each unit
• Multiple bathrooms – all units offer en-suite bathrooms for convenience and privacy
• Beautifully landscaped garden with an inviting pool for outdoor enjoyment
• Ample parking space for residents and guests
