Investment Beachfront Apartments on 2024m2 plot with Sea Views

R 16,800,000

Can I afford this?
8 months ago122 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):2024
Parking:Street
Description
Calling all investors to view this double property offering holiday letting and/or permanent residence for tenants. Positioned in a prime location across the road from the Glenashley beach.

Reception area, pool and entertainment area, 10 self contained units each with their own pre-paid electricity meters, 2 staff quarters and laundry room. Plenty of off road parking.

2 entrances to the property, one in Ypsilanti and another on The Promenade. The Ypsilanti property has 2 large units, one a 3 bedroom unit and a 2 bedroom unit. The 8 other units comprise of 1 x 2 bedroom, 4 x 1 bedroom and 3 studio apartments.

Commercial zoning NSC3.

Conveniently situated near La Lucia Mall and Gateway Theatre of Shopping and all major routes.

Contact Lesley or Peter to view!

Has Garden
Property Reference #: 2094157

Agent Details:
Lesley Probert
Hendra Estates
8 Pigeonwood CloseGlen Anil4051
Glen Anil
Umhlanga
4051
Id Subtitle 1230142376
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Estimated monthly repaymentR 182,063
Total property loan amountR 16,800,000
Total interestR 26,895,069
Total repaymentR 43,695,069
Interest rate at 11.75% for 20 years *
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Hendra Estates
Selling for 3+ years
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