The property listed below is no longer for sale. Click HERE to view other properties in the area.
This property is a MUST on your viewing list if you want an investment that offers you the most your money can buy. Set on a quiet road, this recently upgraded property has been converted into a complex of 5 modern , independent apartments which already have existing tenants, managed by a Rental Company since 2018. All units have their own water and pre paid electricity meters and the combined monthly rent raises an income of R33,200 a month. Unit A Super neat 2 bedroom, 1 bathroom apartment with parking for 2 cars and uninterrupted sea views Unit B Spacious 3 bedroom, 2 bathroom apartment with 2 parkings and also, uninterrupted sea views. Unit C Modern 2 bedroom - both with ensuites - ground floor apartment. Also offering 2 parking bays and great seaviews. Unit D Large 1 bedroom, 1 bathroom ground floor unit with ample of cupboards and storage space. Includes 1 x parking bay Unit E Located in the back garden and classified as a garden cottage, is this 1 bedroom unit has its own private garden and patio. Includes 1x parking bay To find a detailed description and more information about the management and finances of this great business opportunity, please contact Chanel to assist
Purchase Price R 2 700 000
Building Size251 m2
Price Per SQMR 10756 m2
Monthly Rates1398.96
Type of PropertyHouse
Land Size929 m2
Pets AllowedYes
Last Updated29 Jun 2021
Kitchen5
Bedrooms8
Bathrooms5
Lounges5
Dining Room5
Patio5
Outdoor LivingPlaster & paint
Carports7
SecurityYes
RoofingTiles
FlooringTiles
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