- 30
- 19
- 3 044 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2590.00
Property description
Conveniently situated within walking distance from the main beach of St Michael's on Sea, this complex offers an ideal opportunity for permanent rental, holiday rentals, or any other option that suits your needs. With its strategic location and versatile features, the possibilities for generating income are endless. Take the time to explore all the options available and discover the full potential of this perfect investment opportunity. Including 11 apartments, an office, and three halls, this property presents a diverse range of income-generating opportunities. With such a variety of spaces, from residential units to versatile halls and office space, the potential for maximizing returns is extensive. Explore the multifaceted potential of this property to discover the numerous avenues for generating income and making the most of this investment opportunity.
Building No. 1 = 7 Apartments
5 x 3 Bedroom Duplex Units with 1 Bathroom and a guest toilet. Lounge and an enclosed patio area, leading to an undercover patio area. Enclosed verandah upstairs.
2 X 2 Bedroom Units, one with an enclosed verandah and the other with an enclosed verandah leading to an undercover patio.
Building No. 2 = 3 Apartments
1 Unit with 2 Bedrooms and 1 Bathroom
1 Unit with 4 Bedrooms and 1 Bathroom
1 Unit with 2 Bedrooms and 1 Bathroom
Building No. 3 = 1 Apartment
3 Bedrooms and 1 Bathroom, adjacent to this unit is a (hall), currently being utilized as a classroom
Building No. 4
2 Classrooms, one with 3 Showers and 3 Toilets and 2 more rooms which can be utilized as bedrooms.
Building No. 5
Office with 2 Bathrooms
Additional
On-Site Laundry
Store Room
2 X Store room Containers.
Fully Walled
Well-maintained gardens, 2 x 1000l water tanks. Ample parking space.
For more Information on the Units, Feel Free to get in Contact!
Property Details
- 30 Bedrooms
- 19 Bathrooms
- 11 Lounges
Property Features
- Study
- Patio
- Staff Quarters
- Laundry
- Storage
- Wheelchair Friendly
- Access Gate
- Kitchen
- Guest Toilet
- Paving
- Garden
- Family TV Room
| Bedrooms | 30 |
| Bathrooms | 19 |
| Erf Size | 3 044 m2 |
Contact the Agent
Anne De Klerk
Full Status Property Practitioner