R 65 000 000 | building property for sale in lochnerhof

Merely a block from the beach, this block of flats currently generates in excess of R 200 000 gross per month in rental income. And potential for more. Lift and 2 staircases. 300 kVA electricity. On the ground floor you will find: Parking for 34 vehicles behind wall and automated gates. 5 visitors' parking 8 indoor storerooms Building manager's office 10 small rooms that were once garages Lounge Dining area Industrial kitchen Laundry 2x toilets 2x outdoor storerooms Plenty of room to install a life-style center 28 apartments spread over 5 floors 6x 61 m2 1 bed 1 bath apartments 2x 73 m2 1 bed 1 bath apartments 2x 75 m2 1 bed 1 bath apartments 6x 88 m2 2 bed 2 bath apartments 8x 90 m2 2 bed 2 bath apartments 4x 121 m2 3 bed 3 bath apartments