5 Phillani Ludorf Street, Bela-Bela
This exceptional rental apartment block is situated in a quiet residential area of Bela-Bela, within close proximity to the town centre, all essential amenities, and the Central Business District (CBD).
Property Composition:
· 2 x one-bedroom flats
· 8 x two-bedroom flats
All units are generously sized, well-appointed, and strategically positioned, making them highly appealing to tenants. Due to the property’s convenient location near the CBD, vacancy rates are consistently low, positioning this asset as a strong income-generating investment.
The property is zoned as Res 4, offering significant development potential. Ample space remains on the stand for the construction of one or two additional flats, while still retaining sufficient parking for tenants.
This represents an ideal opportunity for investors seeking stable rental income in the growing town of Bela-Bela.