R 16 000 000 | 12.0 bed property for sale in green point

Property Description

This entire unsectionalized apartment block is up for acquisition. An ideal investment property for an investor buyer. Previously run as a guest house now currently being operated for short term lets. Great location, great condition and a great buy. Sold fully furnished. Located on a beautifully appointed ERF in the heart beat of Green Point. Lets talk! KEY POINTS: - 530 SQM with GR5 Zoning and additional bulk - 12 large self contained studio apartments - 12 ensuite bathrooms - Each room has a study nook - 5 secure parking bays - additional on street parking available - Reception Area - Amazing location (Close to all restaurants, coffee shops, Waterfront, Ocean promenade, Golf course and easy access to the city). - Good Security (CCTV Cameras, access control, security gates) - Sold fully furnished - Great condition - little work required - Rates (R3400) Refuse removal (R489) Sewerage (R190) Water ( - R500) - Note that application to sectionalize the 12 apartments can be made. Make contact to view this incredible offering and let us organize you an exclusive viewing!


Property Details

Purchase Price R 16 000 000

Building Size0.00 m2

Type of PropertyHouse

Monthly Rates4579.00

Land Size530.00 m2

FurnishedYes

Last Updated12 Aug 2023

Rooms

Bedrooms12.0

Bathrooms12.0

External Features

Garages5.0

Carports0.0

Property Location

Similar Property in nearby suburbs

Private Seller

Sheldon Lubbe

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