Property description
Sole Mandate. If you have been trying to find a good investment property, this is it! Situated in an excellent street in Beacon Bay that is beautifully central to all amenities.
This property yields an incredible monthly rental income. This exceptionally well laid out property consists of the following:
- A main house consisting of 3 bedrooms, 2 bathrooms, modern open plan kitchen with eye level oven, hob and extractor fan, 2 lounges on 2 levels. The lower level has a sliding door leading onto the pool. The house has a pre-paid meter.
- 9 Flats – 8 of them having 1 bedroom and 1 of them has 2 bedrooms, all with open plan kitchen and lounge, and 1 bathroom. Each flat has a pre-paid meter.
Each flat has its own private braai area, but the property also boasts a bigger braai /entertainment area and fabulous pool for all to enjoy. There is also a laundry area for tenants to make use of.
There is plenty of parking space – 14 parking bays in total – some are open while others are carports and the added convenience of 2 entrances with motorized gates in 2 different streets.
15 000 litre Jo Jo tanks for extra water as well as solar power makes this very energy and cost efficient. This property is zoned as Commercial.
An excellent investment opportunity! For an exclusive appointment to view, please get in touch.
- Pool
- Flatlet
- Store Room
- Freehold
- Security Features
- Pets Allowed
- Laundry
- Flooring: Tiles
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
