Property description
Property Overview
Erf Size: 3,860 sqm
Configuration: 5 Separate Units + Staff Quarters
Highlights: High income-generation potential, communal pool, braai area, and ample carport parking.
Unit Breakdown
Unit 1: 1 Bedroom | 1 Bathroom | Kitchen | Lounge
Unit 2: 1 Bedroom | 1 Bathroom (bath and shower) | Expansive open-plan kitchen with generous cupboard space | Massive lounge area
Unit 3: 2 Bedrooms | 1 Bathroom | Oversized lounge | Spacious kitchen
Unit 4: 1 Bedroom | 1 Bathroom | Kitchen | Direct access to a private lock-up garage
Unit 5: Freestanding unit | 1 Bedroom | 1 Bathroom | Open-plan kitchen | Large living area
Key Features & Location
Utilities: Independent pre-paid water and electricity meters installed for every unit.
Outdoor Amenities: Shared swimming pool and dedicated braai area, complemented by extensive covered carport parking.
Location: Situated in a highly sought-after neighborhood within convenient proximity to local schools, retail shops, and the beach.
Versatility: An exceptional, established investment opportunity delivering immediate rental returns, with the structural flexibility to easily convert the property back into a grand single-family residence.
Investor Note: This multi-income property offers an immediate revenue stream in a prime coastal-adjacent suburb.
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- Pool
- Flatlet
- Staff Accommodation
- Sea View
- Pets Allowed
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.
