he property is walking distance from shops and the main Park Rynie beach is about 100m away. King Shaka International Airport is about 100km away and within a 5 minute drive you will find shopping malls, restaurants, diving centers, surfing spots and shark cage diving close by. Beautiful beaches and golf courses. Great investment! One plot has 12 Units on it and the other is vacant land, total size of 5734sqm. 6 Units have 2 bedrooms with a kitchen, lounge with a bathroom and 6 more units that are basement bachelor units. Property has a lot of potential and can be renovated to generate a good rental income. Some units are occupied at the moment, other require repairs and maintenance. Property is sea facing and walking distance to the beach. Perfect location in a growing town. There is a demand for rental properties in this area. Enjoy beautiful sea views. Looking for a good investor to bring out the potential in this investment property. All amenities are nearby including supermarkets,.
Purchase Price R 3 200 000
Monthly Rates20000
Type of PropertyApartment
Pets AllowedYes
Land Size6003 m2
Last Updated14 Mar 2024
Kitchen1
Bedrooms2
Bathrooms1
Lounges1
Dining Room1
Patio1
Outdoor LivingPlaster
Carports1
RoofingTile
FlooringTiles
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