R 4 250 000 - 5 Bedroom House For Sale in Wavecrest
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R 4 250 000 - 5 Bedroom House For Sale in Wavecrest

Income Generating Property!! Prime location!!

DUAL MANDATE

Very Rare Opportunity!! Incredible views and walking distance to beach, surf spots, Spar / Nina’s and more!!
500m from the beach!!
Super Host on Airbnb with high rankings on accommodation platforms!!
Listing on all platforms will be included in the sale. Income figures available to serious buyers.
Overview:
This is a unique opportunity to acquire a beautifully maintained property, located in the highly sought-after Wavecrest area of Jeffreys Bay. The property has three Distinct and Charming Rental Units: Captain's View, The Deck & Ryan's Cabin – Offering Versatile Income Potential and Coastal Comfort, or it can Convert into 1 Large House to Accommodate 13 people / guests in total. The property has an occupation certificate, approved plans, and the option to continue operating a thriving holiday letting business.
Property Highlights:
Breathtaking Sea Views: The property offers spectacular sea views from nearly every room in the house, making it a true gem for those who appreciate coastal living.
Prime Location Overlooking Supertubes: The house overlooks the world-renowned Supertubes within walking distance to famous for having the best right-hand wave globally. This prime spot is a dream for surfers and makes the property one of the busiest rental properties in Jeffreys Bay. During the International Corona Surf Festival and peak holiday seasons in December and April, the daily rental rate can double due to high demand.
Versatile Layout: The property has been thoughtfully modified to create three distinct rental units, each with its own private entrance:
Accommodation:
Unit 1: “Captains View” Sleeps 4 / 5
The top story of the house was renovated to include a second bedroom, a shower unit, and an enclosed staircase, creating a separate rental unit. While these changes are not reflected in the approved plans, they were deliberately constructed with dry walling, allowing for easy removal if the new owners wish to revert the property to its original layout.
Open plan kitchen with scullery
Spacious open plan lounge / dining with beautiful views!!
Indoor braai / fire place
Sunny bedroom with beautiful views
Awesome shower with basin, enjoy ocean views while showering!!
Guest toilet
Spacious master bedroom, deck with sea views. Large full en-suite bathroom
Day bed area
Unit 2: “The Deck” Sleeps 4
Airbnb 4.97 star with 33 reviews
Originally part of the main house, this unit was transformed into a holiday rental with its own private entrance
Open plan lounge with kitchenette
Covered deck / outdoor lounge
2 Spacious bedrooms
1 Full bathroom
Sun deck with beautiful views
Own entrance with outside toilet & shower
Unit 3: “Ryan’s Surf Cabin” (Bachelor / couple, sleeps 2)
Airbnb 5 Star with 15 reviews & Guest favorite
Added after renovations in 2021, this unit quickly became a popular holiday rental.
Own entrance
Deck balcony with views
Spacious room with small kitchenette
En-suite shower

Soundproof Flexibility: Each unit is separated by soundproof doors that can be opened to create a large 5-bedroom house, providing flexibility for rental or personal use.

Business Opportunity: Furniture, Appliances & bed linen included.

Established Holiday Letting Business: The property is currently operating as a successful holiday letting business, with a solid track record of guests, income, and excellent reviews on platforms such as Airbnb, Booking.com, and Lekkeslaap. The sale includes the rights to these listings, allowing the new owners to immediately assume Super Host status and maintain top rankings on all online platforms.

Current Rental Rates:
Captains View: Seasonal from R2850 to R4000 per night plus cleaning fee R950 per stay
The Deck: Seasonal from R950 to R1950 per night plus cleaning fee R395 per stay
Ryans Cabin: Seasonal from R700 to R980 per night plus cleaning fee R200 per stay

Double garage. Established garden. Very well maintained. Low maintenance exterior.
Store

Property Features

Key Features

Bedrooms5
Bathrooms4
En Suite2
Garages2
Parking2
Erf Size588 m²
Floor Size340 m²
RatesR 1 154
Pet Friendly

Interior

Lounges2
Dining Areas1
Guest Toilet
Kitchen
Kitchenette
Patio
Built-in Cupboards

Exterior

Flatlet
Garden
Built-in Braai

Other

Sea View

Contact Agent

Maarten Oosthuizen
082 318 7454 WhatsApp
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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 11.75%