11 Bedroom Guest House For Sale in Strand North

R 15,950,000

Can I afford this?
1 month ago66 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):700
Parking:Garage
Description
UNIQUE OPPORTUNITY IN BEACH ROAD!

Seafront 11 bedroom self catering block in beach road. Zoned: General Residential 5 , 33m max height. With
3 street fronts At the moment the property consists of ground floor and first floor. Only stairs.

One block with 6 self catering units consists of:


2 x one bedroom with mountain view on first floor
3x two bedroom units with sea view beachfront on first floor.
1x three bedroom house with sea view beachfront on ground floor with huge private deck and braai
area with amazing sea views.

5 x motorized lock up garages.
1 x covered car port
3 x open parking.

First floor newly built. 5 of 6 Units are modern and fully furnished.. Ground floor 3 bedroom house
newly renovated, furniture not included.

All units have their own pre paid electric meters, Solar system installed.
Unit 3 has a built- in braai in kitchen. Extra outside braai area on first floor.
Also aircons throughout units. Price excluding VAT. This is a VAT registered property.( If the purchaser should be VAT registered then it may be possible to be a nul VAT transaction ,as the property is a guesthouse and sold as a going concern) Very good income potential. Contact me for more information.

Property Reference #: CCSA-27707

Agent Details:
Blackie Swart
Cape Coastal Homes
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130

Id Subtitle 1269355483
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Estimated monthly repaymentR 172,852
Total property loan amountR 15,950,000
Total interestR 25,534,307
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