7 Bed House in Oslo Beach

INVESTOR''s BEACH/ RIVER FRONT PROPERTY with House AND Flats

This unique beachfront/river front property is a HUGE INVESTMENT!!!!! It comprises of 3 stands next to each other, 2 of them are zoned Residential High Impact 2 and the third one is zoned Residential 4. On the biggest stand of 4 777 square meters there is a 4 bedroom house and 3 flats. This stand has direct beach access ( as all 3 stands have) AND direst access to the Izotsha River. Between the ocean/ river is only admiralty belonging to the municipality, so nobody can obscure your view or access to the ocean or the river. The main house has a huge living area and an open plan kitchen. Beautiful!!! The lounge opens to a patio where you can enjoy beautiful sea views and peace and tranquility that surrounds you. There are 4 bedrooms and 2 bathrooms, the main being en-suite. There is also a beautiful guest bathroom. The bedrooms'' side of the house has parquet floors, while the living space and kitchen has modern concrete flooring. Then there are 2 one bedroom flats and 1 two bedroom flat ( currently utilized as a 3 bedroom as it is so spacious). Currently the main house and 3 flats are being rented out with a monthly rental income of R23 400. All 4 the dwellings have prepaid electricity.

The 2 other stands are 3 422 and 2 565 square meters respectively. The one stand has already been cleared to a large extend and the slope gently flows down to a flat area, from where you follow the footpath to the beach. Beautiful beach weddings have been held here. The potential of the property is tremendous. You might upgrade the house and enjoy the tranquil environment like a king in your private paradise, or you might want to develop it and build flats and townhouses on it. POTENTIAL GALORE!! Give me a call.....

The second photo and the beach photos is the view once you have walked through the admiralty, not from the house. The video was made prior to the tenants moving in therefore it differs from the photos.