• 10
  • 7
  • 1 967 m2

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Mun. Rates & Taxes: ZAR 2800.00

Property description

BRILLIANT INVESTMENT AND BARGAIN!! The ambiance of this property is stunning. Lots of trees and very private. There are 5 cottages, very quaint and private from each other. The one apartment has 3 bedrooms and can be entered through 2 double doors from the patio area which is peaceful and quiet. The open plan dining room/ lounge and kitchen is spacious. 2 of the 3 bedrooms have en-suite bathrooms, one a full bathroom, the other with a shower. All the bedrooms are of good size and the house is light and airy. 4 Of the apartments have undercover parking and there is plenty parking space for visitors.

With 5 apartments on the large stand, all privacy is maintained to a large extent. All the apartments are fully equipped and nestled in a garden with lots of trees and greenery. Though all are in need of TLC, they all have tenants and the rental income comes to R24 700.00 excluding electricity. This is a property that should be taken on as a project: because of it's location alone, it could be very lucrative. It is located behind the Manaba Spar and close to all amenities including the beach. Give ma a call and change this property to a money spinner!!!!The property is zoned RESIDENTIAL MEDIUM IMPACT 2 for townhouses!!! Great potential! Give me a call.....

 

Property Details

  • 10 Bedrooms
  • 7 Bathrooms
  • 2 Ensuite
  • 5 Lounges
  • 5 Dining Area
  • 1 Flatlet

Property Features

  • Patio
  • Storage
  • Wheelchair Friendly
  • Pets Allowed
  • Fence
  • Access Gate
  • Scenic View
  • Kitchen
  • Built In Braai
  • Garden
  • Family TV Room