R 1 895 000 | 10 bed property for sale in manaba beach

Massive investment property for sale Manaba-Beach Income-Generating Property – Fixer Upper | Prime Manaba Location A Multi-Dwelling Investment with Established Returns This investment property presents a compelling opportunity to acquire a fully tenanted, income-producing asset comprising five private, self-contained cottages set within a tranquil, garden environment. The property currently delivers an approximate monthly rental income of R25,000, offering immediate and consistent returns. Mature trees and lush greenery create a peaceful, secluded atmosphere, while the layout ensures a degree of privacy for each dwelling—an important factor in sustaining long-term tenant occupancy. Four cottages include covered parking, complemented by ample additional parking on the property. Two units are wheelchair-friendly, enhancing accessibility and widening tenant appeal. While the property is move-in ready, selective upgrades and cosmetic improvements present an opportunity to further enhance capital value and rental yield. Main dwelling Features • Three spacious bedrooms • Two bathrooms (one full bathroom, one with shower) • Large covered patio with double-door entrance • Open-plan lounge, dining, and kitchen area ideal for comfortable living Investment Highlights • Five Dwellings • Fully tenanted with established income • Wheelchair-accessible accommodation • Secure parking options Prime Location Strategically positioned behind Manaba Spar, the property enjoys immediate access to shops, amenities, and public transport, while remaining close to the beach. This highly sought-after location underpins the property’s excellent rental performance and ongoing investment appeal