Seldomly does an opportunity to own an entire block on the Atlantic Seaboard come up.
A modern building tenanted and ready for investment and ready to unlock more potential.
Zoning: GR4 Zoned
Erf Size: 598m2
Units already sectionalized
Building consists of:
2x Garden Open 1 bedroom, 1 Bathroom
4x 1 Bedroom, 1 bathroom apartment
1x 2 Bedroom Penthouse apartment
8 Parking Bays
Current Rental Opportunity: R153 904,36
Airbnb Potential with earning potential of up to R330k - R350k a month on 70% occupancy
Great Views
Asking Price: R35 000 000,00
Rental Schedule on request.
Area ratings do not reflect Qwengo's opinion or view. This information is provided by third parties.
| Consume | Value spend |
|---|---|
| Deposit (R) | 17 |
| Payment term (R) | 25 |
| Interest rate (R) | 3 |
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.