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R4,150,000 | 7 Bedroom Freestanding For Sale in Wavecrest

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R4,150,000

23 TAMARISK SQUARE, Wavecrest, Jeffreys Bay

Monthly Bond Repayment R40,738.20
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R5,000

DUAL LIVING INCOME PROPERTY | MULTI-STREAM RENTAL OPPORTUNITY IN WAVECREST - SOLE MANDATE

This is not just a home — it’s an income-generating investment opportunity offering multiple rental streams from one property.

Positioned in the ever-popular Wavecrest area of Jeffreys Bay, this versatile property is ideally suited to:

• Property investors
• Buyers looking to offset their bond with rental income
• Multi-generational families
• Holiday letting investors
• Long-term residential rental investors

MAIN HOUSE

• 4 Bedrooms
• Main bedroom with en-suite
• Full family bathroom
• Spacious living areas
• Ideal for owner-occupation or premium long-term rental income

FLATLET 1

• 2 Bedrooms
• Full bathroom
• Kitchen
• Comfortable open-plan living space
• Perfect for long-term tenants or short-term holiday rental income.

FLATLET 2

• 1 Bedroom
• Living area
• Kitchen

IDEAL AS:

1. Airbnb unit
2. Single-tenant rental
3. Work-from-home office
4. Staff accommodation

ADDITIONAL FEATURES

• Single garage
• 4 Undercover parking bays
• 3 x 5000L water tanks
• Pump system connected to home & garden
• Lowers municipal reliance and improves long-term running costs.

INVESTMENT OPTIONS

Option 1:
Live in the main house while both flatlets generate monthly rental income to significantly reduce your bond repayment.

Option 2:
Rent out all three units independently for a strong gross annual return.

Option 3:
Utilise the units for a combination of long-term rental and short-term holiday letting to maximise seasonal income potential.

Option 4:
Perfect for extended family living while still maintaining rental income from separate units.

Jeffreys Bay continues to see high demand for both permanent and holiday accommodation — making properties with multiple self-contained units increasingly sought-after in today’s rental market.

Located approximately 80km from Gqeberha and within close proximity to beaches, schools, and amenities, this property offers flexibility, scalability, and income potential — all from a single investment.

A diverse property like this provides investors with the ability to spread rental risk across multiple income streams — improving overall yield stability year-round.

Contact us today to discuss the rental income potential and estimated return on investment for this unique opportunity.

Features

7
5
1
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
5
Kitchen
3
Reception Rooms
5
Furnished
No
Exterior
Garages
1
Security
No
Parkings
4
Flatlet
2
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
416m²
Land Size
600m²
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-34.0284865, 24.9260159
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