R 7 920 000
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30 Bed House in St Michaels on Sea

30 19 3 044 m²

Investment opportunity!

Prime investment opportunity located on the main road of Marine Drive of the suburb St Michaels On Sea, close to many amenities and the very well-known St Michaels Beach.

This Apartment block consists of 30 bedrooms, totaling approximately 1,059.26m building under roof. The perfect investment for generating a monthly income!

The subject property breaks down as follows:

The first Front building - 5 x Three bedroom duplex units that comprise of a kitchen, lounge, verandah, and 2 bathrooms.

2 x Two Bedroom apartments with a kitchen, lounge, sun room and bathroom.

The Second building - 1 Main Building consists of 8 rooms but has been split into 3 separate accommodation units with bathrooms.

The Third Building - 3 Bedroom Unit & 1 bathroom

The fourth Building - 2 Large Rooms being used as Classrooms with a shared bathroom.

The Fifth Building - 1 large office with 2 bathrooms.

If you have any inquiries or would like to view the property, please contact me!

Property details

  • Listing number T4583156
  • Property type House
  • Erf size 3 044 m²

Property features

  • Bedrooms 30
  • Bathrooms 19
  • Lounges 7
  • Flatlets
  • Pet Friendly
  • Laundry
  • Patio
  • Security Post

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