Apartment Block For Sale in Beachfront
R19,900,000
Web Ref No WSB-CS00005
Fantastic investment opportunity block located close to the beach. Consisting of 9 luxury apartment
Fantastic investment opportunity block located close to the beach. Consisting of 9 luxury apartments generating a passive income with long term tenants.
4 ground floor apartments 58 sqm each, 2 bedrooms, 2 bathrooms with garden areas.
3 upstairs apartments with mezzanine area 74 sqm each, 2 bedroom, 2 bathroom with small balconies.
1 upstairs apartment with mezzanine area 90 sqm, 3 bedroom, 3 bathrooms with balconies/ braai area.
1 upstairs apartment with mezzanine area 165 sqm, 3 bedroom, 2 bathrooms with large balcony and pool area.
6 garages, 1 bin room, 1 geyser room, 1 electrical room, 1 store room, drying yard, an entertainment/braai area, 10 parking bays and 2 visitors bays.
Rental Income:
No.1 R12,000-00 pm
No.2 R12,000-00 pm
No.3 R12,500-00 pm
No.4 R11,500-00 pm
No.5 R15,000-00 pm
No.6 R13,500-00 pm
No.7 R12,500-00 pm
No.8 R13,500-00 pm
No.9 R17,000-00 pm
TOTAL R119,500 pm
Monthly accounts: (varies each month)
Eskom around R8,500-00
Rates and water around R8,500-00
Recoveries from tenants via Ideal Pre-Paid:
Electricity R8,500-00
Water R5,500-00
4 ground floor apartments 58 sqm each, 2 bedrooms, 2 bathrooms with garden areas.
3 upstairs apartments with mezzanine area 74 sqm each, 2 bedroom, 2 bathroom with small balconies.
1 upstairs apartment with mezzanine area 90 sqm, 3 bedroom, 3 bathrooms with balconies/ braai area.
1 upstairs apartment with mezzanine area 165 sqm, 3 bedroom, 2 bathrooms with large balcony and pool area.
6 garages, 1 bin room, 1 geyser room, 1 electrical room, 1 store room, drying yard, an entertainment/braai area, 10 parking bays and 2 visitors bays.
Rental Income:
No.1 R12,000-00 pm
No.2 R12,000-00 pm
No.3 R12,500-00 pm
No.4 R11,500-00 pm
No.5 R15,000-00 pm
No.6 R13,500-00 pm
No.7 R12,500-00 pm
No.8 R13,500-00 pm
No.9 R17,000-00 pm
TOTAL R119,500 pm
Monthly accounts: (varies each month)
Eskom around R8,500-00
Rates and water around R8,500-00
Recoveries from tenants via Ideal Pre-Paid:
Electricity R8,500-00
Water R5,500-00
Features
Open Parkings 2
Zoning Mixed Use
Land Size 1,005m²
Zoning Mixed Use
Land Size 1,005m²
Extras
Number Of Floors: 2,
Mezzanine Floor: 1,
It's a Standalone Building,
It's a Multi Tenanted Building
Broker Contact Details
Marlene Snowdon
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 185 3)
Cell 082 456 3910
Office (021) 824 1093
WhatsApp Me
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 185 3)
Cell 082 456 3910
Office (021) 824 1093
WhatsApp Me
Tamara Nettmann
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 182 6)
Cell 082 888 7178
Office (021) 824 1093
WhatsApp Me
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 182 6)
Cell 082 888 7178
Office (021) 824 1093
WhatsApp Me
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