Commercial Property For Sale in Gordons Bay
BondCosts
Property description
**Price: R17,999,999 (VAT Inclusive – VAT-Registered Buyers May Claim VAT Back)**
EXCLUSIVE AUTHORITY TO SELL
33 Protea Drive, Mountainside, Gordons Bay AKA Atlantic View
An exceptional opportunity to acquire a fully furnished, income-generating 6-unit apartment building with uninterrupted sea views from every level. Perfectly positioned on the mountainside, this modern property offers a balance of lifestyle appeal and strong, consistent rental returns.
Originally a luxury Bed & Breakfast, it now operates as six spacious long-term rental units, each featuring contemporary interiors, open-plan living, and private outdoor spaces. The top to apartments enjoy large entertainment balconies, while the middle and lower units feature smaller balconies or private braai areas. Of these the Top 4 units has 3 Bedrooms and 3 Bathrooms each, and the bottom 2 units have 2 bedrooms and 2 Bathrooms each.
A shared swimming pool and communal braai area, located just behind the building on the mountainside, provides a tranquil retreat with elevated sea views over the rooftops.
Additional features include 4 secure garages, a recently serviced lift, prepaid electricity meters, and fibre-ready connectivity.
This turnkey coastal investment delivers stable income, lifestyle luxury, and long-term capital growth — all for R17,999,999 (VAT inclusive).
Please take the time to click on the 3D Matterport link and video to experience the wonder of this gem.
Call us TODAY to arrange your private viewing.
Strict pre-qualification applies on instruction from the Seller.
- Pool
- Guesthouse
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
