Merely a block from the beach, this block of flats currently generates in excess of R 200 000 gross per month in rental income. And potential for more.
Lift and 2 staircases. 300 kVA electricity. On the ground floor you will find:
Parking for 34 vehicles behind wall and automated gates.
5 visitors' parking
8 indoor storerooms
Building manager's office
10 small rooms that were once garages
Lounge
Dining area
Industrial kitchen
Laundry
2x toilets
2x outdoor storerooms
Plenty of room to install a life-style center
28 apartments spread over 5 floors
6x 61 m2 1 bed 1 bath apartments
2x 73 m2 1 bed 1 bath apartments
2x 75 m2 1 bed 1 bath apartments
6x 88 m2 2 bed 2 bath apartments
8x 90 m2 2 bed 2 bath apartments
4x 121 m2 3 bed 3 bath apartments