Features

9

5.5

3

2

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

  • Main bedroom with en-suite bathroom and built-in cupboards
  • Bedroom 2 with built-in cupboards
  • Bedroom 3 with built-in cupboards
  • Bedroom 4 with built-in cupboards
  • Bedroom 5 with built-in cupboards
  • Bedroom 6 with built-in cupboards
+  see more

Incredible Investment Opportunity on The Umdloti Beach Front.

This fully furnished residential investment opportunity sold as a 'going concern' on the beachfront of Umdloti awaits you. Two Sectional title apartments consolidated into one sale - own the entire Scheme. No levy. The total apartment volume has 9 bedrooms, the downstairs 4-bedroom unit - ten sleeper, for the last three years, has been rented as a holiday investment apartment solely, currently generating an income of R425 000-00 per annum. The upstairs apartment is a 12 sleeper, which has just come online and is projected to earn approx. R500 000-00 per annum. These figures are verifiable. This in-total nine-bedroom apartment has five and a half bathrooms, two open plan living areas & two fully fitted kitchens. It also has a spacious games room, 1 wrap around covered balcony on the top and 1 balcony on the first floor. Additional features include three garages, 2 covered parking bays. This property also has the potential to add on an additional level. 2700 square meters of land lies behind the building. Albeit DMOSS there is bulking value via a provision in the law to apply for further development or to be compensated by the authorities in the event it is declined, which the owner has already laid the groundwork for. See it to believe it

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Property details

Building size:
421 m²

What can I afford?

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