R 14 500 000

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Commercial space in Bluff

23 17 44 2840 m²

New Mixed Use Development in Brighton Beach

Situated in sought after Brighton Beach on Marine Drive is a brand-new mixed-use development with a commercial component on the ground floor and 10 x two-bedroom and 1 three-bedroom apartment with fitted kitchens and built inns in all bedrooms and 2 under cover parking bays per unit.

Each unit has a balcony to enjoy the view and some outdoor fresh air. There are 6 Jojo tanks for water harvesting and solar panels to harness the suns energy. Water and electricity are on a pre-paid basis metered.

Potential rental per 2 bedroomed apartment is R8 000 p.m.

Potential rental per 3 bedroomed apartment is R11 000. P.m. with

Potential rental for the commercial component is R30 000 p.m.

Rental potential of:

10 x R8 000 per months per apartment each with there own water and electrical meters

1x R11 000 per month for a 3 bedroom apartment with water and electrical meters.

1 x R30 000 for the Super Market.

R121 000.00 p.m. potential income

= R1 452 000 per year passive income.

Come view and lets talk

Property details

  • Listing number T4600494
  • Property type Commercial
  • Erf size 2840 m²
  • Rates and taxes R 7 198

Property features

  • Bedrooms 23
  • Bathrooms 17
  • Open Parkings 44

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