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St Michaels On Sea · Apartment Block For Sale

Apartment Block For Sale in St Michaels On Sea

  • R 7,920,000
  • 30 bd
  • 19 ba

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!

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Property Information & Features

Property Type
Apartment Block
Listing Type
For Sale
Location
St Michaels On Sea, KwaZulu Natal
Price
R 7,920,000 · Get Pre-Qualified
Erf Size
3044 m²
Bedrooms
30
Bathrooms
19
Pet Friendly
Yes
Residential Zoning
Yes
Security
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · St Michaels On Sea, St Michaels On Sea

Overall Area Rating

Good

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Apartment Block For Sale in St Michaels On Sea
R 7,920,000
  • 30 bd
  • 19 ba
Get Pre-Qualified
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Affordability

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